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ADVISOR SERIES I00007225740.05750.03500000.050.010.0060.0060.0060.0060.00250.0050.010.010.00360.00280.00370.00350.01210.01380.01970.01956914867002989377729186121202107912621052195719492007227569148620019893777261861212021079106210521957194920072275<div style="display:none">~ http://www.advisor.fidelity.com/role/ScheduleShareholderFeesFidelityAdvisorValueStrategies column period compact * ~</div>
0.60340.14560.0240.1583<div style="display:none">~ http://www.advisor.fidelity.com/role/ScheduleExpenseExampleFidelityAdvisorValueStrategies column period compact * ~</div>
0.0531-0.51260.58670.2619-0.09580.26630.19350.1930.12640.2196<div style="display:none">~ http://www.advisor.fidelity.com/role/ScheduleExpenseExampleNoRedemptionFidelityAdvisorValueStrategies column period compact * ~</div>
0.20670.24720.18510.01040.00980.00870.01330.0110.01480.03790.09220.08080.07770.09270.09270.09030.1063<font style="FONT-FAMILY: Times New Roman" size="5"><b>Fund Summary</b></font><br/><br/><font style="FONT-FAMILY: Times New Roman" size="3"><b>Fund</b>/Class:<br/><b>Fidelity Advisor<sup>&#174;</sup> Value Strategies Fund</b>/A, T, B, C</font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Investment Objective</b></font><font style="FONT-FAMILY: Times New Roman" size="3">The fund seeks capital appreciation.</font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Fee Table</b></font><font style="FONT-FAMILY: Times New Roman" size="3">The following table describes the fees and expenses that may be incurred when you buy, hold, or sell shares of the fund.<br/><br/>You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in the fund or certain other Fidelity funds. More information about these and other discounts is available from your investment professional and in the Fund Distribution section beginning on page (Click Here) of the prospectus.</font><font style="FONT-FAMILY: Times New Roman" size="3"><b>Shareholder fees</b></font><br/><font size="-2"><b>(fees paid directly from your investment)</b></font><font style="FONT-FAMILY: Times New Roman" size="3"><b>Annual class operating expenses</b></font><br/><font size="-2"><b>(expenses that you pay each year as a % of the value of your investment)</b></font><font style="FONT-FAMILY: Times New Roman" size="3">This <b>example</b> helps compare the cost of investing in the fund with the cost of investing in other mutual funds.<br/><br/>Let's say, hypothetically, that the annual return for shares of the fund is 5% and that your shareholder fees and the annual operating expenses for shares of the fund are exactly as described in the fee table. This example illustrates the effect of fees and expenses, but is not meant to suggest actual or expected fees and expenses or returns, all of which may vary. For every $10,000 you invested, here's how much you would pay in total expenses if you sell all of your shares at the end of each time period indicated and if you hold your shares:</font><font style="FONT-FAMILY: Times New Roman" size="3">Sell All Shares</font><font style="FONT-FAMILY: Times New Roman" size="3">Hold Shares</font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Portfolio Turnover</b></font><font style="FONT-FAMILY: Times New Roman" size="3">The fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when fund shares are held in a taxable account. These costs, which are not reflected in annual operating expenses or in the example, affect the fund's performance. During the most recent fiscal year, the fund's portfolio turnover rate was 23% of the average value of its portfolio.</font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Principal Investment Strategies</b></font><ul><li><font style="FONT-FAMILY: Times New Roman" size="3">Normally investing primarily in common stocks.</font></li> <li><font style="FONT-FAMILY: Times New Roman" size="3">Investing in securities of companies that Fidelity Management &amp; Research Company (FMR) believes are undervalued in the marketplace in relation to factors such as assets, sales, earnings, or growth potential (stocks of these companies are often called "value" stocks).</font></li> <li><font style="FONT-FAMILY: Times New Roman" size="3">Focusing investments in medium-sized companies, but also may invest substantially in larger or smaller companies.</font></li> <li><font style="FONT-FAMILY: Times New Roman" size="3">Investing in domestic and foreign issuers. </font></li> <li><font style="FONT-FAMILY: Times New Roman" size="3">Using fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments.</font></li></ul><font style="FONT-FAMILY: Times New Roman" size="4"><b>Principal Investment Risks</b></font><ul><li><font style="FONT-FAMILY: Times New Roman" size="3"><i>Stock Market Volatility.</i> Stock markets are volatile and can decline significantly in response to adverse issuer, political, regulatory, market, or economic developments. Different parts of the market and different types of securities can react differently to these developments.</font></li> <li><font style="FONT-FAMILY: Times New Roman" size="3"><i>Foreign Exposure.</i> Foreign markets can be more volatile than the U.S. market due to increased risks of adverse issuer, political, regulatory, market, or economic developments and can perform differently from the U.S. market. </font></li> <li><font style="FONT-FAMILY: Times New Roman" size="3"><i>Issuer-Specific Changes.</i> The value of an individual security or particular type of security can be more volatile than, and can perform differently from, the market as a whole. The value of securities of smaller issuers can be more volatile than that of larger issuers.</font> </li> <li><font style="FONT-FAMILY: Times New Roman" size="3"><i>"Value" Investing.</i> "Value" stocks can perform differently from the market as a whole and other types of stocks and can continue to be undervalued by the market for long periods of time. </font></li></ul> <font style="FONT-FAMILY: Times New Roman" size="3">An investment in the fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. You could lose money by investing in the fund.</font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Performance</b></font><font style="FONT-FAMILY: Times New Roman" size="3">The following information is intended to help you understand the risks of investing in the fund. The information illustrates the changes in the performance of the fund's shares from year to year and compares the performance of the fund's shares to the performance of a securities market index over various periods of time. The index description appears in the Additional Information about the Index section of the prospectus. Past performance (before and after taxes) is not an indication of future performance.<br/><br/>Visit www.advisor.fidelity.com for updated return information.</font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Year-by-Year Returns</b></font><table border="1" width="95%"><tr><td><div align="left"><i><font size="-1">During the periods shown in the chart for Class A:</font></i> </div></td><td valign="bottom" align="center"><div align="center"><i><font size="-2">Returns</font></i> </div></td><td valign="bottom" align="center"><div align="center"><i><font size="-2">Quarter ended</font></i></div></td></tr><tr><td><div align="left"><i><font size="-1">Highest Quarter Return</font></i> </div></td><td><div align="right"><i><font size="-1">34.47%</font></i> </div></td><td><div align="left"><i><font size="-1">June 30, 2009</font></i></div></td></tr><tr><td><div align="left"><i><font size="-1">Lowest Quarter Return</font></i> </div></td><td><div align="right"><i><font size="-1">-33.85%</font></i> </div></td><td><div align="left"><i><font size="-1">December 31, 2008</font></i></div></td></tr></table><font style="FONT-FAMILY: Times New Roman" size="4"><b>Average Annual Returns</b></font><font style="FONT-FAMILY: Times New Roman" size="3">Unlike the returns in the bar chart, the returns in the table reflect the maximum applicable sales charges. After-tax returns are calculated using the historical highest individual federal marginal income tax rates, but do not reflect the impact of state or local taxes. After-tax returns for Class A are shown in the table below and after-tax returns for other classes will vary. Actual after-tax returns may differ depending on your individual circumstances. The after-tax returns shown are not relevant if you hold your shares in a retirement account or in another tax-deferred arrangement.</font><br/><br/><font style="FONT-FAMILY: Times New Roman" size="2">For the periods ended<br/>December 31, 2012</font><font style="FONT-FAMILY: Times New Roman" size="3">You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in the fund or certain other Fidelity funds.</font>500000.23<font style="FONT-FAMILY: Times New Roman" size="3">An investment in the fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.</font><font style="FONT-FAMILY: Times New Roman" size="3">You could lose money by investing in the fund.</font><font style="FONT-FAMILY: Times New Roman" size="3">The information illustrates the changes in the performance of the fund's shares from year to year and compares the performance of the fund's shares to the performance of a securities market index over various periods of time.</font><font style="FONT-FAMILY: Times New Roman" size="3">Past performance (before and after taxes) is not an indication of future performance.</font><font style="FONT-FAMILY: Times New Roman" size="3">www.advisor.fidelity.com</font><font style="FONT-FAMILY: Times New Roman" size="3">The returns in the bar chart do not reflect any applicable sales charges; if sales charges were reflected, returns would be lower than those shown.</font><br/><br/><font style="FONT-FAMILY: Times New Roman" size="2">Calendar Years</font><font style="FONT-FAMILY: Times New Roman" size="3">Unlike the returns in the bar chart, the returns in the table reflect the maximum applicable sales charges.</font><font style="FONT-FAMILY: Times New Roman" size="3">After-tax returns are calculated using the historical highest individual federal marginal income tax rates, but do not reflect the impact of state or local taxes.</font><font style="FONT-FAMILY: Times New Roman" size="3">After-tax returns for Class A are shown in the table below and after-tax returns for other classes will vary.</font><font style="FONT-FAMILY: Times New Roman" size="3">The after-tax returns shown are not relevant if you hold your shares in a retirement account or in another tax-deferred arrangement.</font><font style="FONT-FAMILY: Times New Roman" size="2"><i>Class A and Class T purchases of $1 million or more will not be subject to a front-end sales charge. Such Class A and Class T purchases may be subject, upon redemption, to a contingent deferred sales charge (CDSC) of 1.00% or 0.25%, respectively.</i></font><font style="FONT-FAMILY: Times New Roman" size="2"><i>Class A and Class T purchases of $1 million or more will not be subject to a front-end sales charge. Such Class A and Class T purchases may be subject, upon redemption, to a contingent deferred sales charge (CDSC) of 1.00% or 0.25%, respectively.</i></font><div style="display:none">~ http://www.advisor.fidelity.com/role/ScheduleAnnualTotalReturnsFidelityAdvisorValueStrategiesBarChart column period compact * ~</div>
<div style="display:none">~ http://www.advisor.fidelity.com/role/ScheduleAverageAnnualTotalReturnsTransposedFidelityAdvisorValueStrategies column period compact * ~</div>
<i><font style="FONT-FAMILY: Times New Roman" size="2">Highest Quarter Return</font></i>2009-06-300.3447<i><font style="FONT-FAMILY: Times New Roman" size="2">Lowest Quarter Return</font></i>-0.33852008-12-31<font style="FONT-FAMILY: Times New Roman" size="5"><b>Fund Summary</b></font><br/><br/><font style="FONT-FAMILY: Times New Roman" size="3"><b>Fund/</b>Class:<br/><b>Fidelity Advisor<sup>&#174;</sup> Value Strategies Fund</b>/Institutional</font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Investment Objective</b></font><font style="FONT-FAMILY: Times New Roman" size="3">The fund seeks capital appreciation.</font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Fee Table</b></font><font style="FONT-FAMILY: Times New Roman" size="3">The following table describes the fees and expenses that may be incurred when you buy, hold, or sell shares of the fund.</font><font style="FONT-FAMILY: Times New Roman" size="3"><b>Shareholder fees</b></font><br/><font size="-2"><b>(fees paid directly from your investment)</b></font><font style="FONT-FAMILY: Times New Roman" size="3"><b>Annual class operating expenses</b></font><br/><font size="-2"><b>(expenses that you pay each year as a % of the value of your investment)</b></font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Portfolio Turnover</b></font><font style="FONT-FAMILY: Times New Roman" size="3">The fund pays transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when fund shares are held in a taxable account. These costs, which are not reflected in annual operating expenses or in the example, affect the fund&#8217;s performance. During the most recent fiscal year, the fund&#8217;s portfolio turnover rate was 23% of the average value of its portfolio.</font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Principal Investment Strategies</b></font><ul><li><font style="FONT-FAMILY: Times New Roman" size="3">Normally investing primarily in common stocks.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3">Investing in securities of companies that Fidelity Management &amp; Research Company (FMR) believes are undervalued in the marketplace in relation to factors such as assets, sales, earnings, or growth potential (stocks of these companies are often called &#8220;value&#8221; stocks).</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3"> Focusing investments in medium-sized companies, but also may invest substantially in larger or smaller companies.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3">Investing in domestic and foreign issuers. </font></li><li><font style="FONT-FAMILY: Times New Roman" size="3">Using fundamental analysis of factors such as each issuer&#8217;s financial condition and industry position, as well as market and economic conditions, to select investments.</font></li></ul><font style="FONT-FAMILY: Times New Roman" size="4"><b>Principal Investment Risks</b></font><ul><li><font style="FONT-FAMILY: Times New Roman" size="3"><em>Stock Market Volatility</em>. Stock markets are volatile and can decline significantly in response to adverse issuer, political, regulatory, market, or economic developments. Different parts of the market and different types of securities can react differently to these developments.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3"><em>Foreign Exposure</em>. Foreign markets can be more volatile than the U.S. market due to increased risks of adverse issuer, political, regulatory, market, or economic developments and can perform differently from the U.S. market.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3"><em>Issuer-Specific Changes</em>. The value of an individual security or particular type of security can be more volatile than, and can perform differently from, the market as a whole. The value of securities of smaller issuers can be more volatile than that of larger issuers.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3"><em>&#8220;Value&#8221; Investing.</em> &#8220;Value&#8221; stocks can perform differently from the market as a whole and other types of stocks and can continue to be undervalued by the market for long periods of time.</font></li></ul><font style="FONT-FAMILY: Times New Roman" size="3"> An investment in the fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. You could lose money by investing in the fund.</font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Year-by-Year Returns</b></font><br/><font style="FONT-FAMILY: Times New Roman" size="2">Calendar Years</font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Performance</b></font><table border="1" width="95%"><tr><td><div align="left"><i><font size="-1">During the periods shown in the chart:</font></i> </div></td><td valign="bottom" align="center"><div align="center"><i><font size="-2">Returns</font></i> </div></td><td valign="bottom" align="center"><div align="center"><i><font size="-2">Quarter ended</font></i></div></td></tr><tr><td><div align="left"><i><font size="-1">Highest Quarter Return</font></i> </div></td><td><div align="right"><i><font size="-1">34.69%</font></i> </div></td><td><div align="left"><i><font size="-1">June 30, 2009</font></i></div></td></tr><tr><td><div align="left"><i><font size="-1">Lowest Quarter Return</font></i> </div></td><td><div align="right"><i><font size="-1">-33.84%</font></i> </div></td><td><div align="left"><i><font size="-1">December 31, 2008</font></i></div></td></tr></table><font style="FONT-FAMILY: Times New Roman" size="4"><b>Average Annual Returns</b></font><font style="FONT-FAMILY: Times New Roman" size="3">After-tax returns are calculated using the historical highest individual federal marginal income tax rates, but do not reflect the impact of state or local taxes. Actual after-tax returns may differ depending on your individual circumstances. The after-tax returns shown are not relevant if you hold your shares in a retirement account or in another tax-deferred arrangement.</font><br/><br/><font style="FONT-FAMILY: Times New Roman" size="2">For the periods ended <br/>December 31, 2012</font><font style="FONT-FAMILY: Times New Roman" size="3">The following information is intended to help you understand the risks of investing in the fund. The information illustrates the changes in the performance of the fund&#8217;s shares from year to year and compares the performance of the fund&#8217;s shares to the performance of a securities market index over various periods of time. The index description appears in the Additional Information about the Index section of the prospectus. Past performance (before and after taxes) is not an indication of future performance.</font> <br/><br/><font style="FONT-FAMILY: Times New Roman" size="3">Visit www.advisor.fidelity.com for updated return information.</font><font style="FONT-FAMILY: Times New Roman" size="3">This <b>example</b> helps compare the cost of investing in the fund with the cost of investing in other mutual funds. </font><br/><br/><font style="FONT-FAMILY: Times New Roman" size="3">Let's say, hypothetically, that the annual return for shares of the fund is 5% and that your shareholder fees and the annual operating expenses for shares of the fund are exactly as described in the fee table. This example illustrates the effect of fees and expenses, but is not meant to suggest actual or expected fees and expenses or returns, all of which may vary. For every $10,000 you invested, here's how much you would pay in total expenses if you sell all of your shares at the end of each time period indicated:</font><font style="FONT-FAMILY: Times New Roman" size="3"> You could lose money by investing in the fund.</font><font style="FONT-FAMILY: Times New Roman" size="3"> An investment in the fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.</font><font style="FONT-FAMILY: Times New Roman" size="3"> The information illustrates the changes in the performance of the fund's shares from year to year and compares the performance of the fund's shares to the performance of a securities market index over various periods of time.</font><font style="FONT-FAMILY: Times New Roman" size="3"> www.advisor.fidelity.com</font><font style="FONT-FAMILY: Times New Roman" size="3"> Past performance (before and after taxes) is not an indication of future performance.</font><font style="FONT-FAMILY: Times New Roman" size="3">After-tax returns are calculated using the historical highest individual federal marginal income tax rates, but do not reflect the impact of state or local taxes.</font><font style="FONT-FAMILY: Times New Roman" size="3"> The after-tax returns shown are not relevant if you hold your shares in a retirement account or in another tax-deferred arrangement.</font><font style="FONT-FAMILY: Times New Roman" size="2"><i>Highest Quarter Return</i></font>2009-06-300.3469<font style="FONT-FAMILY: Times New Roman" size="2"><i>Lowest Quarter Return</i></font>2008-12-31-0.3384<font style="FONT-FAMILY: Times New Roman">Russell Midcap<sup>&#174;</sup> Value Index</font><font style="FONT-FAMILY: Times New Roman"><b>Class A - Return After Taxes on Distributions and Sale of Fund Shares</b></font><font style="FONT-FAMILY: Times New Roman"><b>Class A - Return After Taxes on Distributions</b></font><font style="FONT-FAMILY: Times New Roman"><b>Class C - Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman"><b>Class B - Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman"><b>Class A - Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman"><b>Class T - Return Before Taxes</b></font>0.00600.0030.00909228749811080.60990.15010.0280.16230.0567-0.51110.59310.2657-0.0930.2702<div style="display:none">~ http://www.advisor.fidelity.com/role/ScheduleShareholderFeesFidelityAdvisorValueStrategiesInstitutionalClass column period compact * ~</div>
0.18510.17710.26910.27020.02580.02470.02170.03790.10260.0910.08710.1063<div style="display:none">~ http://www.advisor.fidelity.com/role/ScheduleExpenseExampleFidelityAdvisorValueStrategiesInstitutionalClass column period compact * ~</div>
<div style="display:none">~ http://www.advisor.fidelity.com/role/ScheduleAnnualTotalReturnsFidelityAdvisorValueStrategiesInstitutionalClassBarChart column period compact * ~</div>
<font style="FONT-FAMILY: Times New Roman"><b>Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman"><b>Return After Taxes on Distributions</b></font><font style="FONT-FAMILY: Times New Roman"><b>Return After Taxes on Distributions and Sale of Fund Shares</b></font><font style="FONT-FAMILY: Times New Roman">Russell Midcap<sup>&#174;</sup> Value Index</font><div style="display:none">~ http://www.advisor.fidelity.com/role/ScheduleAverageAnnualTotalReturnsTransposedFidelityAdvisorValueStrategiesInstitutionalClass column period compact * ~</div>
<font style="FONT-FAMILY: Times New Roman"><b>Institutional Class</b></font><font style="FONT-FAMILY: Times New Roman"><b>Institutional Class</b></font><font style="FONT-FAMILY: Times New Roman"><b>Institutional Class</b></font><div style="display:none">~ http://www.advisor.fidelity.com/role/ScheduleAnnualClassOperatingExpensesFidelityAdvisorValueStrategiesInstitutionalClass column period compact * ~</div>
0.0575<div style="display:none">~ http://www.advisor.fidelity.com/role/ScheduleShareholderFeesFidelityAdvisorEquityIncomeFundInstitutionalClass column period compact * ~</div>
0.05750.03500000.050.01000.050.010.035000.00610.00610.00610.00610.00250.0050.010.010.00350.00310.00380.00330.01230.01440.02010.01960.00660.00660.00660.00660.00250.0050.010.010.00340.00330.00360.00340.020.02020.01490.0125693491704299943790930<div style="display:none">~ http://www.advisor.fidelity.com/role/ScheduleAnnualTotalReturnsFidelityAdvisorEquityIncomeFundInstitutionalClassBarChart column period compact * ~</div>
61512121109128310571978201420422285<div style="display:none">~ http://www.advisor.fidelity.com/role/ScheduleAverageAnnualTotalReturnsTransposedFidelityAdvisorEquityIncomeFundInstitutionalClass column period compact * ~</div>
0.00460.00460.00460.00460.00250.0050.010.010.00310.00260.00350.00326934912041990.01020.0122<font style="FONT-FAMILY: Times New Roman" size="5"><b>Fund Summary</b></font><br/><br/><font style="FONT-FAMILY: Times New Roman" size="3"><b>Fund/</b>Class:<br/><b>Fidelity Advisor<sup>&#174;</sup> Equity Growth Fund/</b>A, T, B, C</font>0.01810.0178<font style="FONT-FAMILY: Times New Roman" size="4"><b>Investment Objective</b></font>9437906306151212110910831057<font style="FONT-FAMILY: Times New Roman" size="3">The fund seeks capital appreciation.</font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Fee Table</b></font><font style="FONT-FAMILY: Times New Roman" size="3">The following table describes the fees and expenses that may be incurred when you buy, hold, or sell shares of the fund.<br/><br/>You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in the fund or certain other Fidelity funds. More information about these and other discounts is available from your investment professional and in the Fund Distribution section beginning on page (Click Here) of the prospectus. </font><font style="FONT-FAMILY: Times New Roman" size="3"><b>Shareholder fees</b></font><br/><font size="-2"><b>(fees paid directly from your investment)</b></font><font style="FONT-FAMILY: Times New Roman" size="3"><b>Annual class operating expenses</b></font><br/><font size="-2"><b>(expenses that you pay each year as a % of the value of your investment)</b></font>1978201420422285<font style="FONT-FAMILY: Times New Roman" size="3">This <b>example</b> helps compare the cost of investing in the fund with the cost of investing in other mutual funds.<br/><br/>Let's say, hypothetically, that the annual return for shares of the fund is 5% and that your shareholder fees and the annual operating expenses for shares of the fund are exactly as described in the fee table. This example illustrates the effect of fees and expenses, but is not meant to suggest actual or expected fees and expenses or returns, all of which may vary. For every $10,000 you invested, here's how much you would pay in total expenses if you sell all of your shares at the end of each time period indicated and if you hold your shares:</font><font style="FONT-FAMILY: Times New Roman" size="3">Sell All Shares</font><font style="FONT-FAMILY: Times New Roman" size="3">Hold Shares</font>0<font style="FONT-FAMILY: Times New Roman" size="4"><b>Portfolio Turnover</b></font><font style="FONT-FAMILY: Times New Roman" size="3">The fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when fund shares are held in a taxable account. These costs, which are not reflected in annual operating expenses or in the example, affect the fund's performance. During the most recent fiscal year, the fund's portfolio turnover rate was 73% of the average value of its portfolio.</font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Principal Investment Strategies</b></font><ul><li><font style="FONT-FAMILY: Times New Roman" size="3">Normally investing at least 80% of assets in equity securities.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3">Normally investing primarily in common stocks.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3">Investing in companies Fidelity Management &amp; Research Company (FMR) believes have above-average growth potential (stocks of these companies are often called "growth" stocks). </font></li><li><font style="FONT-FAMILY: Times New Roman" size="3">Investing in domestic and foreign issuers. </font></li><li><font style="FONT-FAMILY: Times New Roman" size="3">Using fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments.</font></li></ul><font style="FONT-FAMILY: Times New Roman" size="4"><b>Principal Investment Risks</b></font><ul><li><font style="FONT-FAMILY: Times New Roman" size="3"><i>Stock Market Volatility.</i> Stock markets are volatile and can decline significantly in response to adverse issuer, political, regulatory, market, or economic developments. Different parts of the market and different types of securities can react differently to these developments.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3"><i>Foreign Exposure.</i> Foreign markets can be more volatile than the U.S. market due to increased risks of adverse issuer, political, regulatory, market, or economic developments and can perform differently from the U.S. market.</font> </li><li><font style="FONT-FAMILY: Times New Roman" size="3"><i>Issuer-Specific Changes.</i> The value of an individual security or particular type of security can be more volatile than, and can perform differently from, the market as a whole. </font></li><li><font style="FONT-FAMILY: Times New Roman" size="3"><i>"Growth" Investing.</i> "Growth" stocks can perform differently from the market as a whole and other types of stocks and can be more volatile than other types of stocks. </font></li></ul><font style="FONT-FAMILY: Times New Roman" size="3">An investment in the fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. You could lose money by investing in the fund. </font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Performance</b></font><font style="FONT-FAMILY: Times New Roman" size="3">The following information is intended to help you understand the risks of investing in the fund. The information illustrates the changes in the performance of the fund's shares from year to year and compares the performance of the fund's shares to the performance of a securities market index over various periods of time. The index description appears in the Additional Information about the Index section of the prospectus. Past performance (before and after taxes) is not an indication of future performance. <br/><br/>Visit www.advisor.fidelity.com for updated return information. </font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Year-by-Year Returns</b></font><table border="1" width="95%"><tr><td><div align="left"><i><font size="-1">During the periods shown in the chart for Class A:</font></i> </div></td><td valign="bottom" align="center"><div align="center"><i><font size="-2">Returns</font></i> </div></td><td valign="bottom" align="center"><div align="center"><i><font size="-2">Quarter ended</font></i></div></td></tr><tr><td><div align="left"><i><font size="-1">Highest Quarter Return</font></i> </div></td><td><div align="right"><i><font size="-1">16.60%</font></i> </div></td><td><div align="left"><i><font size="-1">June 30, 2003</font></i></div></td></tr><tr><td><div align="left"><i><font size="-1">Lowest Quarter Return</font></i> </div></td><td><div align="right"><i><font size="-1">-26.79%</font></i> </div></td><td><div align="left"><i><font size="-1">December 31, 2008</font></i></div></td></tr></table><font style="FONT-FAMILY: Times New Roman" size="4"><b>Average Annual Returns</b></font><font style="FONT-FAMILY: Times New Roman" size="3">Unlike the returns in the bar chart, the returns in the table reflect the maximum applicable sales charges. After-tax returns are calculated using the historical highest individual federal marginal income tax rates, but do not reflect the impact of state or local taxes. After-tax returns for Class A are shown in the table below and after-tax returns for other classes will vary. Actual after-tax returns may differ depending on your individual circumstances. The after-tax returns shown are not relevant if you hold your shares in a retirement account or in another tax-deferred arrangement. Return After Taxes on Distributions and Sale of Fund Shares may be higher than other returns for the same period due to a tax benefit of realizing a capital loss upon the sale of fund shares.</font><br/><br/><font style="FONT-FAMILY: Times New Roman" size="2">For the periods ended<br/>December 31, 2012</font><font style="FONT-FAMILY: Times New Roman" size="5"><b>Fund Summary</b></font><br/><br/><font style="FONT-FAMILY: Times New Roman" size="3"><b>Fund</b>/Class:<br/><b>Fidelity Advisor<sup>&#174;</sup> Small Cap Fund</b>/A, T, B, C </font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Investment Objective</b></font><font style="FONT-FAMILY: Times New Roman" size="3">The fund seeks long-term growth of capital.</font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Fee Table</b></font><font style="FONT-FAMILY: Times New Roman" size="3">The following table describes the fees and expenses that may be incurred when you buy, hold, or sell shares of the fund.<br/><br/>You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in the fund or certain other Fidelity funds. More information about these and other discounts is available from your investment professional and in the Fund Distribution section beginning on page (Click Here) of the prospectus.</font><font style="FONT-FAMILY: Times New Roman" size="3"><b>Shareholder fees</b></font><br/><font size="-2"><b>(fees paid directly from your investment)</b></font><font style="FONT-FAMILY: Times New Roman" size="3"><b>Annual class operating expenses</b></font><br/><font size="-2"><b>(expenses that you pay each year as a % of the value of your investment)</b></font>0.24350.057<font style="FONT-FAMILY: Times New Roman" size="3">This <b>example</b> helps compare the cost of investing in the fund with the cost of investing in other mutual funds.<br/><br/>Let's say, hypothetically, that the annual return for shares of the fund is 5% and that your shareholder fees and the annual operating expenses for shares of the fund are exactly as described in the fee table. This example illustrates the effect of fees and expenses, but is not meant to suggest actual or expected fees and expenses or returns, all of which may vary. For every $10,000 you invested, here's how much you would pay in total expenses if you sell all of your shares at the end of each time period indicated and if you hold your shares:</font><font style="FONT-FAMILY: Times New Roman" size="3">Sell All Shares</font>0.1116<font style="FONT-FAMILY: Times New Roman" size="3">Hold Shares</font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Portfolio Turnover</b></font>0.12660.1247-0.4753<font style="FONT-FAMILY: Times New Roman" size="3">The fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when fund shares are held in a taxable account. These costs, which are not reflected in annual operating expenses or in the example, affect the fund's performance. During the most recent fiscal year, the fund's portfolio turnover rate was 69% of the average value of its portfolio.</font>0.50220.22610.17840.0533-0.0186<font style="FONT-FAMILY: Times New Roman" size="4"><b>Principal Investment Strategies</b></font>0.0332<ul><li><font style="FONT-FAMILY: Times New Roman" size="3">Normally investing primarily in common stocks. </font></li><li><font style="FONT-FAMILY: Times New Roman" size="3">Normally investing at least 80% of assets in securities of companies with small market capitalizations (which, for purposes of this fund, are those companies with market capitalizations similar to companies in the Russell 2000<sup>&#174;</sup> Index or the S&amp;P SmallCap 600<sup>&#174;</sup> Index). </font></li><li><font style="FONT-FAMILY: Times New Roman" size="3">Investing in domestic and foreign issuers. </font></li><li><font style="FONT-FAMILY: Times New Roman" size="3">Investing in either "growth" stocks or "value" stocks or both.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3">Using fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments.</font></li></ul><font style="FONT-FAMILY: Times New Roman" size="4"><b>Principal Investment Risks</b></font>0.1419<ul><li><font style="FONT-FAMILY: Times New Roman" size="3"><i>Stock Market Volatility</i>. Stock markets are volatile and can decline significantly in response to adverse issuer, political, regulatory, market, or economic developments. Different parts of the market and different types of securities can react differently to these developments.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3"><i>Foreign Exposure</i>. Foreign markets can be more volatile than the U.S. market due to increased risks of adverse issuer, political, regulatory, market, or economic developments and can perform differently from the U.S. market.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3"><i>Issuer-Specific Changes</i>. The value of an individual security or particular type of security can be more volatile than, and can perform differently from, the market as a whole.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3"><i>Small Cap Investing</i>. The value of securities of smaller, less well-known issuers can perform differently from the market as a whole and other types of stocks and can be more volatile than that of larger issuers.</font></li></ul><font style="FONT-FAMILY: Times New Roman" size="3">An investment in the fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. You could lose money by investing in the fund.</font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Performance</b></font>0.205<font style="FONT-FAMILY: Times New Roman" size="3">The following information is intended to help you understand the risks of investing in the fund. The information illustrates the changes in the performance of the fund's shares from year to year and compares the performance of the fund's shares to the performance of a securities market index over various periods of time. The index description appears in the Additional Information about the Index section of the prospectus. Past performance (before and after taxes) is not an indication of future performance.<br/><br/>Visit www.advisor.fidelity.com for updated return information.</font>281673<font style="FONT-FAMILY: Times New Roman" size="4"><b>Year-by-Year Returns</b></font>4706840.0048<table border="1" width="95%"><tr><td><div align="left"><i><font size="-1">During the periods shown in the chart for Class A:</font></i> </div></td><td valign="bottom" align="center"><div align="center"><i><font size="-2">Returns</font></i> </div></td><td valign="bottom" align="center"><div align="center"><i><font size="-2">Quarter ended</font></i></div></td></tr><tr><td><div align="left"><i><font size="-1">Highest Quarter Return</font></i> </div></td><td><div align="right"><i><font size="-1">21.52%</font></i> </div></td><td><div align="left"><i><font size="-1">June 30, 2003</font></i></div></td></tr><tr><td><div align="left"><i><font size="-1">Lowest Quarter Return</font></i> </div></td><td><div align="right"><i><font size="-1">-21.55%</font></i> </div></td><td><div align="left"><i><font size="-1">September 30, 2011</font></i></div></td></tr></table>-0.43970.0575<font style="FONT-FAMILY: Times New Roman" size="4"><b>Average Annual Returns</b></font>0.03500<font style="FONT-FAMILY: Times New Roman" size="3">Unlike the returns in the bar chart, the returns in the table reflect the maximum applicable sales charges. After-tax returns are calculated using the historical highest individual federal marginal income tax rates, but do not reflect the impact of state or local taxes. After-tax returns for Class A are shown in the table below and after-tax returns for other classes will vary. Actual after-tax returns may differ depending on your individual circumstances. The after-tax returns shown are not relevant if you hold your shares in a retirement account or in another tax-deferred arrangement. Return After Taxes on Distributions and Sale of Fund Shares may be higher than other returns for the same period due to a tax benefit of realizing a capital loss upon the sale of fund shares.</font><br/><br/><font style="FONT-FAMILY: Times New Roman" size="2">For the periods ended<br/>December 31, 2012</font>881000.05724<font style="FONT-FAMILY: Times New Roman" size="5"><b>Fund Summary</b></font><br/><br/><font style="FONT-FAMILY: Times New Roman" size="3"><b>Fund</b>/Class:<br/><b>Fidelity Advisor<sup>&#174;</sup> Equity Income Fund</b>/Institutional</font>0.53190.01869<font style="FONT-FAMILY: Times New Roman" size="4"><b>Investment Objective</b></font>0.0061560<font style="FONT-FAMILY: Times New Roman" size="3">The fund seeks a yield from dividend and interest income which exceeds the composite dividend yield on securities comprising the S&amp;P 500<sup>&#174;</sup> Index. In addition, consistent with the primary objective of obtaining dividend and interest income, the fund will consider the potential for achieving capital appreciation.</font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Fee Table</b></font>0.2127<font style="FONT-FAMILY: Times New Roman" size="3">The following table describes the fees and expenses that may be incurred when you buy, hold, or sell shares of the fund.</font>0<font style="FONT-FAMILY: Times New Roman" size="3"><b>Shareholder fees</b></font><br/><font size="-2"><b>(fees paid directly from your investment)</b></font>-0.0878<font style="FONT-FAMILY: Times New Roman" size="3"><b>Annual class operating expenses</b></font><br/><font size="-2"><b>(expenses that you pay each year as a % of the value of your investment)</b></font>0.003<font style="FONT-FAMILY: Times New Roman" size="3">This <b>example</b> helps compare the cost of investing in the fund with the cost of investing in other mutual funds.<br/><br/>Let's say, hypothetically, that the annual return for shares of the fund is 5% and that your shareholder fees and the annual operating expenses for shares of the fund are exactly as described in the fee table. This example illustrates the effect of fees and expenses, but is not meant to suggest actual or expected fees and expenses or returns, all of which may vary. For every $10,000 you invested, here's how much you would pay in total expenses if you sell all of your shares at the end of each time period indicated:</font>0.1832<font style="FONT-FAMILY: Times New Roman" size="4"><b>Portfolio Turnover</b></font>1106997<font style="FONT-FAMILY: Times New Roman" size="3">The fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when fund shares are held in a taxable account. These costs, which are not reflected in annual operating expenses or in the example, affect the fund's performance. During the most recent fiscal year, the fund's portfolio turnover rate was 49% of the average value of its portfolio.</font>0.000211809640.0093<font style="FONT-FAMILY: Times New Roman" size="4"><b>Principal Investment Strategies</b></font><font style="FONT-FAMILY: Times New Roman" size="5"><b>Fund Summary</b></font><br/><br/><font style="FONT-FAMILY: Times New Roman" size="3"><b>Fund</b>/Class:<br/><b>Fidelity Advisor<sup>&#174;</sup> Growth &amp; Income Fund</b>/Institutional</font><ul><li><font style="FONT-FAMILY: Times New Roman" size="3">Normally investing at least 80% of assets in equity securities.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3">Normally investing primarily in income-producing equity securities, which tends to lead to investments in large cap "value" stocks.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3">Potentially investing in other types of equity securities and debt securities, including lower-quality debt securities.</font></li> <li><font style="FONT-FAMILY: Times New Roman" size="3">Investing in domestic and foreign issuers.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3">Using fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments.</font></li></ul><font style="FONT-FAMILY: Times New Roman" size="4"><b>Investment Objective</b></font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Principal Investment Risks</b></font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Fee Table</b></font><font style="FONT-FAMILY: Times New Roman" size="3">The following table describes the fees and expenses that may be incurred when you buy, hold, or sell shares of the fund.</font><font style="FONT-FAMILY: Times New Roman" size="3"><b>Shareholder fees</b><br/></font><font style="FONT-FAMILY: Times New Roman" size="-2"><b>(fees paid directly from your investment)</b></font><font style="FONT-FAMILY: Times New Roman" size="3"><b>Annual class operating expenses</b><br/></font><font style="FONT-FAMILY: Times New Roman" size="-2"><b>(expenses that you pay each year as a % of the value of your investment)</b></font><ul><li><font style="FONT-FAMILY: Times New Roman" size="3"><i>Stock Market Volatility. </i>Stock markets are volatile and can decline significantly in response to adverse issuer, political, regulatory, market, or economic developments. Different parts of the market and different types of securities can react differently to these developments.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3"><i>Interest Rate Changes. </i>Interest rate increases can cause the price of a debt security to decrease.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3"><i>Foreign Exposure. </i>Foreign markets can be more volatile than the U.S. market due to increased risks of adverse issuer, political, regulatory, market, or economic developments and can perform differently from the U.S. market. </font></li><li><font style="FONT-FAMILY: Times New Roman" size="3"><i>Issuer-Specific Changes. </i>The value of an individual security or particular type of security can be more volatile than, and can perform differently from, the market as a whole. Lower-quality debt securities (those of less than investment-grade quality, also referred to as high yield debt securities) and certain types of other securities involve greater risk of default or price changes due to changes in the credit quality of the issuer. The value of lower-quality debt securities and certain types of other securities can be more volatile due to increased sensitivity to adverse issuer, political, regulatory, market, or economic developments.</font> </li> <li><font style="FONT-FAMILY: Times New Roman" size="3"><i>"Value" Investing. </i>"Value" stocks can perform differently from the market as a whole and other types of stocks and can continue to be undervalued by the market for long periods of time. </font></li></ul> <font style="FONT-FAMILY: Times New Roman" size="3">An investment in the fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. You could lose money by investing in the fund.</font><font style="FONT-FAMILY: Times New Roman" size="3">This <b>example</b> helps compare the cost of investing in the fund with the cost of investing in other mutual funds. <br /><br />Let's say, hypothetically, that the annual return for shares of the fund is 5% and that your shareholder fees and the annual operating expenses for shares of the fund are exactly as described in the fee table. This example illustrates the effect of fees and expenses, but is not meant to suggest actual or expected fees and expenses or returns, all of which may vary. For every $10,000 you invested, here's how much you would pay in total expenses if you sell all of your shares at the end of each time period indicated:</font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Portfolio Turnover</b></font><font style="FONT-FAMILY: Times New Roman" size="3">The fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when fund shares are held in a taxable account. These costs, which are not reflected in annual operating expenses or in the example, affect the fund's performance. During the most recent fiscal year, the fund's portfolio turnover rate was 57% of the average value of its portfolio.</font>17511776182220950.69<font style="FONT-FAMILY: Times New Roman" size="4"><b>Performance</b></font><font style="FONT-FAMILY: Times New Roman" size="3">The following information is intended to help you understand the risks of investing in the fund. The information illustrates the changes in the performance of the fund's shares from year to year and compares the performance of the fund's shares to the performance of a securities market index over various periods of time. The index description appears in the Additional Information about the Index section of the prospectus. Past performance (before and after taxes) is not an indication of future performance.<br/><br/>Visit www.advisor.fidelity.com for updated return information.</font><font style="FONT-FAMILY: Times New Roman" size="3">You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in the fund or certain other Fidelity funds.</font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Year-by-Year Returns</b></font><br/><font style="FONT-FAMILY: Times New Roman" size="2">Calendar Years</font>50000<table border="1" width="95%"><tr><td><div align="left"><i><font size="-1">During the periods shown in the chart:</font></i> </div></td><td valign="bottom" align="center"><div align="center"><i><font size="-2">Returns</font></i> </div></td><td valign="bottom" align="center"><div align="center"><i><font size="-2">Quarter ended</font></i></div></td></tr><tr><td><div align="left"><i><font size="-1">Highest Quarter Return</font></i> </div></td><td><div align="right"><i><font size="-1">18.93%</font></i> </div></td><td><div align="left"><i><font size="-1">June 30, 2009</font></i></div></td></tr><tr><td><div align="left"><i><font size="-1">Lowest Quarter Return</font></i> </div></td><td><div align="right"><i><font size="-1">-22.56%</font></i> </div></td><td><div align="left"><i><font size="-1">December 31, 2008</font></i></div></td></tr></table><font style="FONT-FAMILY: Times New Roman" size="4"><b>Average Annual Returns</b></font><font style="FONT-FAMILY: Times New Roman" size="3">An investment in the fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.</font><font style="FONT-FAMILY: Times New Roman" size="3">After-tax returns are calculated using the historical highest individual federal marginal income tax rates, but do not reflect the impact of state or local taxes. Actual after-tax returns may differ depending on your individual circumstances. The after-tax returns shown are not relevant if you hold your shares in a retirement account or in another tax-deferred arrangement. Return After Taxes on Distributions and Sale of Fund Shares may be higher than other returns for the same period due to a tax benefit of realizing a capital loss upon the sale of fund shares.</font><br/><br/><font style="FONT-FAMILY: Times New Roman" size="2">For the periods ended<br/>December 31, 2012</font>0.00560.1151<font style="FONT-FAMILY: Times New Roman" size="3">You could lose money by investing in the fund.</font>0.00560.11390.490.07650.0056<font style="FONT-FAMILY: Times New Roman" size="3">The information illustrates the changes in the performance of the fund's shares from year to year and compares the performance of the fund's shares to the performance of a securities market index over various periods of time.</font>0.1399<font style="FONT-FAMILY: Times New Roman" size="3">An investment in the fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.</font>0.00560.1252<font style="FONT-FAMILY: Times New Roman" size="3">Past performance (before and after taxes) is not an indication of future performance.</font><font style="FONT-FAMILY: Times New Roman" size="3">You could lose money by investing in the fund.</font>0.16520.16<font style="FONT-FAMILY: Times New Roman" size="3">www.advisor.fidelity.com</font><font style="FONT-FAMILY: Times New Roman" size="3">The information illustrates the changes in the performance of the fund's shares from year to year and compares the performance of the fund's shares to the performance of a securities market index over various periods of time.</font><font style="FONT-FAMILY: Times New Roman" size="3">Past performance (before and after taxes) is not an indication of future performance.</font><font style="FONT-FAMILY: Times New Roman" size="3">www.advisor.fidelity.com</font><font style="FONT-FAMILY: Times New Roman" size="3">After-tax returns are calculated using the historical highest individual federal marginal income tax rates, but do not reflect the impact of state or local taxes.</font><font style="FONT-FAMILY: Times New Roman" size="3">The after-tax returns shown are not relevant if you hold your shares in a retirement account or in another tax-deferred arrangement.</font><font style="FONT-FAMILY: Times New Roman" size="3">The returns in the bar chart do not reflect any applicable sales charges; if sales charges were reflected, returns would be lower than those shown.</font> <br/><br/><font style="FONT-FAMILY: Times New Roman" size="2">Calendar Years</font>5150.00250.13570.0050.011511430.13070.0099<i><font style="FONT-FAMILY: Times New Roman" size="2">Highest Quarter Return</font></i>0.010.09430.00930.15890.010.01392009-06-30<font style="FONT-FAMILY: Times New Roman" size="3">Unlike the returns in the bar chart, the returns in the table reflect the maximum applicable sales charges.</font>0.14490.0120.18930.18580.0160.16<i><font style="FONT-FAMILY: Times New Roman" size="2">Lowest Quarter Return</font></i>0.01662008-12-31-0.2256<font style="FONT-FAMILY: Times New Roman" size="3">After-tax returns are calculated using the historical highest individual federal marginal income tax rates, but do not reflect the impact of state or local taxes. </font><font style="FONT-FAMILY: Times New Roman" size="3">After-tax returns for Class A are shown in the table below and after-tax returns for other classes will vary.</font>0.00330.0495<font style="FONT-FAMILY: Times New Roman" size="3">The after-tax returns shown are not relevant if you hold your shares in a retirement account or in another tax-deferred arrangement.</font>0.04680.00692960.00250.04280.0053<font style="FONT-FAMILY: Times New Roman" size="3">Return After Taxes on Distributions and Sale of Fund Shares may be higher than other returns for the same period due to a tax benefit of realizing a capital loss upon the sale of fund shares.</font>0.00560.04970.00340.050.00910.0480.00740.003950.0710.01130.0166<font style="FONT-FAMILY: Times New Roman"><b>Class A - Return Before Taxes </b></font><font style="FONT-FAMILY: Times New Roman" ><b>Class A - Return After Taxes on Distributions</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Class A - Return After Taxes on Distributions and Sale of Fund Shares</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Class T - Return Before Taxes </b></font><font style="FONT-FAMILY: Times New Roman" ><b>Class B - Return Before Taxes </b></font><font style="FONT-FAMILY: Times New Roman" ><b>Class C - Return Before Taxes </b></font>0.0114<font style="FONT-FAMILY: Times New Roman">Russell 2000<sup>&#174;</sup> Index </font><font style="FONT-FAMILY: Times New Roman" size="5"><b>Fund Summary</b></font><br/><br/><font style="FONT-FAMILY: Times New Roman" size="3"><b>Fund</b>/Class:<br/><b>Fidelity Advisor<sup>&#174;</sup> Equity Value Fund</b>/A, T, B, C</font>0.0131<font style="FONT-FAMILY: Times New Roman" size="4"><b>Investment Objective</b></font>0.019<font style="FONT-FAMILY: Times New Roman" size="3">The fund seeks capital appreciation.</font>0.0186<i><font style="FONT-FAMILY: Times New Roman" size="2">Highest Quarter Return</font></i>2003-06-30<font style="FONT-FAMILY: Times New Roman" size="4"><b>Principal Investment Strategies</b></font>0.2152<ul><li><font style="FONT-FAMILY: Times New Roman" size="3">Normally investing a majority of assets in common stocks with a focus on those that pay current dividends and show potential for capital appreciation.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3">Potentially investing in bonds, including lower-quality debt securities, as well as stocks that are not currently paying dividends, but offer prospects for future income or capital appreciation.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3">Investing in domestic and foreign issuers.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3">Investing in either "growth" stocks or "value" stocks or both.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3">Using fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments.</font></li></ul><font style="FONT-FAMILY: Times New Roman" size="4"><b>Principal Investment Risks</b></font><ul><li><font style="FONT-FAMILY: Times New Roman" size="3"><i>Stock Market Volatility.</i> Stock markets are volatile and can decline significantly in response to adverse issuer, political, regulatory, market, or economic developments. Different parts of the market and different types of securities can react differently to these developments.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3"><i>Interest Rate Changes.</i> Interest rate increases can cause the price of a debt security to decrease.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3"><i>Foreign Exposure.</i> Foreign markets can be more volatile than the U.S. market due to increased risks of adverse issuer, political, regulatory, market, or economic developments and can perform differently from the U.S. market.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3"><i>Issuer-Specific Changes.</i> The value of an individual security or particular type of security can be more volatile than, and can perform differently from, the market as a whole. Lower-quality debt securities (those of less than investment-grade quality, also referred to as high yield debt securities) and certain types of other securities involve greater risk of default or price changes due to changes in the credit quality of the issuer. The value of lower-quality debt securities and certain types of other securities can be more volatile due to increased sensitivity to adverse issuer, political, regulatory, market, or economic developments.</font></li></ul><font style="FONT-FAMILY: Times New Roman" size="3">An investment in the fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. You could lose money by investing in the fund.</font><i><font style="FONT-FAMILY: Times New Roman" size="2">Lowest Quarter Return</font></i>2011-09-30-0.21550<font style="FONT-FAMILY: Times New Roman" size="4"><b>Fee Table</b></font>0.23110.0565<font style="FONT-FAMILY: Times New Roman" size="3">The following table describes the fees and expenses that may be incurred when you buy, hold, or sell shares of the fund.<br/><br/>You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in the fund or certain other Fidelity funds. More information about these and other discounts is available from your investment professional and in the Fund Distribution section beginning on page (Click Here) of the prospectus.</font>0.03720.010.05000.14490.0077-0.43670.53550.2165-0.08560.1875<font style="FONT-FAMILY: Times New Roman" size="4"><b>Performance</b></font><font style="FONT-FAMILY: Times New Roman" size="3">You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in the fund or certain other Fidelity funds.</font>50000<font style="FONT-FAMILY: Times New Roman" size="3">The following information is intended to help you understand the risks of investing in the fund. The information illustrates the changes in the performance of the fund's shares from year to year and compares the performance of the fund's shares to the performance of a securities market index over various periods of time. The index description appears in the Additional Information about the Index section of the prospectus. Past performance (before and after taxes) is not an indication of future performance. <br /><br />Visit www.advisor.fidelity.com for updated return information. </font><font style="FONT-FAMILY: Times New Roman" size="3"><b>Shareholder fees</b></font><br/><font size="-2"><b>(fees paid directly from your investment)</b></font><font style="FONT-FAMILY: Times New Roman" size="3"><b>Annual class operating expenses</b></font><br/><font size="-2"><b>(expenses that you pay each year as a % of the value of your investment)</b></font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Year-by-Year Returns</b></font><br/><font style="FONT-FAMILY: Times New Roman" size="2">Calendar Years</font><font style="FONT-FAMILY: Times New Roman" size="3">This <b>example</b> helps compare the cost of investing in the fund with the cost of investing in other mutual funds.<br/><br/>Let's say, hypothetically, that the annual return for shares of the fund is 5% and that your shareholder fees and the annual operating expenses for shares of the fund are exactly as described in the fee table. This example illustrates the effect of fees and expenses, but is not meant to suggest actual or expected fees and expenses or returns, all of which may vary. For every $10,000 you invested, here's how much you would pay in total expenses if you sell all of your shares at the end of each time period indicated and if you hold your shares:</font>0.28750.12120.0642<font style="FONT-FAMILY: Times New Roman" size="3">Sell All Shares</font>673470184181<font style="FONT-FAMILY: Times New Roman" size="3">Hold Shares</font>0.1707<font style="FONT-FAMILY: Times New Roman" size="4"><b>Portfolio Turnover</b></font>881724569<font style="FONT-FAMILY: Times New Roman" size="3">The fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when fund shares are held in a taxable account. These costs, which are not reflected in annual operating expenses or in the example, affect the fund's performance. During the most recent fiscal year, the fund's portfolio turnover rate was 77% of the average value of its portfolio.</font>560<font style="FONT-FAMILY: Times New Roman" size="4"><b>Principal Investment Strategies</b></font>0.03570.0046<ul><li><font style="FONT-FAMILY: Times New Roman" size="3">Normally investing at least 80% of assets in equity securities.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3">Normally investing primarily in common stocks.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3">Investing in securities of companies that Fidelity Management &amp; Research Company (FMR) believes are undervalued in the marketplace in relation to factors such as assets, sales, earnings, growth potential, or cash flow, or in relation to securities of other companies in the same industry (stocks of these companies are often called "value" stocks).</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3">Investing in domestic and foreign issuers.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3">Using fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments.</font></li></ul>1106997980964<div style="display:none">~ http://www.advisor.fidelity.com/role/ScheduleAnnualClassOperatingExpensesFidelityAdvisorEquityIncomeFundInstitutionalClass column period compact * ~</div>
-0.406101751<font style="FONT-FAMILY: Times New Roman" size="4"><b>Principal Investment Risks</b></font>177618222095<ul><li><font style="FONT-FAMILY: Times New Roman" size="3"><i>Stock Market Volatility. </i>Stock markets are volatile and can decline significantly in response to adverse issuer, political, regulatory, market, or economic developments. Different parts of the market and different types of securities can react differently to these developments.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3"> <i>Foreign Exposure.</i> Foreign markets can be more volatile than the U.S. market due to increased risks of adverse issuer, political, regulatory, market, or economic developments and can perform differently from the U.S. market.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3"><i>Issuer-Specific Changes.</i> The value of an individual security or particular type of security can be more volatile than, and can perform differently from, the market as a whole.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3"><i>"Value" Investing.</i> "Value" stocks can perform differently from the market as a whole and other types of stocks and can continue to be undervalued by the market for long periods of time.</font></li></ul><font style="FONT-FAMILY: Times New Roman" size="3">An investment in the fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. You could lose money by investing in the fund.</font>0.24510.13290.00286854796932890.00430.00740.1681<font style="FONT-FAMILY: Times New Roman" size="3">An investment in the fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. </font><font style="FONT-FAMILY: Times New Roman" size="3">You could lose money by investing in the fund.</font>916751897585116710430.77122610061881187419312180<font style="FONT-FAMILY: Times New Roman" size="5"><b>Fund Summary</b></font><br/><br/><font style="FONT-FAMILY: Times New Roman" size="3"><b>Fund</b>/Class:<br/><b>Fidelity Advisor<sup>&#174;</sup> Growth &amp; Income Fund</b>/A, T, B, C</font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Performance</b></font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Investment Objective</b></font><font style="FONT-FAMILY: Times New Roman" size="3">The following information is intended to help you understand the risks of investing in the fund. The information illustrates the changes in the performance of the fund's shares from year to year and compares the performance of the fund's shares to the performance of a securities market index over various periods of time. The index description appears in the Additional Information about the Index section of the prospectus. Past performance (before and after taxes) is not an indication of future performance.<br/><br/> Visit www.advisor.fidelity.com for updated return information.</font><font style="FONT-FAMILY: Times New Roman" size="3">The fund seeks high total return through a combination of current income and capital appreciation.</font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Fee Table</b></font><font style="FONT-FAMILY: Times New Roman" size="3">The following table describes the fees and expenses that may be incurred when you buy, hold, or sell shares of the fund.<br/><br/>You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in the fund or certain other Fidelity funds. More information about these and other discounts is available from your investment professional and in the Fund Distribution section beginning on page (Click Here) of the prospectus.</font><font style="FONT-FAMILY: Times New Roman" size="3">The information illustrates the changes in the performance of the fund's shares from year to year and compares the performance of the fund's shares to the performance of a securities market index over various periods of time.</font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Average Annual Returns</b></font><font style="FONT-FAMILY: Times New Roman" size="3">Past performance (before and after taxes) is not an indication of future performance.</font><font style="FONT-FAMILY: Times New Roman" size="3">After-tax returns are calculated using the historical highest individual federal marginal income tax rates, but do not reflect the impact of state or local taxes. Actual after-tax returns may differ depending on your individual circumstances. The after-tax returns shown are not relevant if you hold your shares in a retirement account or in another tax-deferred arrangement. Return After Taxes on Distributions and Sale of Fund Shares may be higher than other returns for the same period due to a tax benefit of realizing a capital loss upon the sale of fund shares.</font><br /><br /><font style="FONT-FAMILY: Times New Roman" size="2">For the periods ended<br/>December 31, 2012</font><font style="FONT-FAMILY: Times New Roman" size="3">You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in the fund or certain other Fidelity funds.</font><div style="display:none">~ http://www.advisor.fidelity.com/role/ScheduleExpenseExampleFidelityAdvisorEquityIncomeFundInstitutionalClass column period compact * ~</div>
50000<font style="FONT-FAMILY: Times New Roman" size="3"><b>Shareholder fees</b></font><br/><font size="-2"><b>(fees paid directly from your investment)</b></font><font style="FONT-FAMILY: Times New Roman" size="3"><b>Annual class operating expenses</b></font><br/><font size="-2"><b>(expenses that you pay each year as a % of the value of your investment)</b></font><font style="FONT-FAMILY: Times New Roman" size="3">www.advisor.fidelity.com</font><font style="FONT-FAMILY: Times New Roman" size="3">This <b>example</b> helps compare the cost of investing in the fund with the cost of investing in other mutual funds.<br/><br/>Let's say, hypothetically, that the annual return for shares of the fund is 5% and that your shareholder fees and the annual operating expenses for shares of the fund are exactly as described in the fee table. This example illustrates the effect of fees and expenses, but is not meant to suggest actual or expected fees and expenses or returns, all of which may vary. For every $10,000 you invested, here's how much you would pay in total expenses if you sell all of your shares at the end of each time period indicated and if you hold your shares:</font><font style="FONT-FAMILY: Times New Roman" size="3">Sell All Shares</font><font style="FONT-FAMILY: Times New Roman" size="3">Hold Shares</font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Year-by-Year Returns</b></font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Portfolio Turnover</b></font>76<font style="FONT-FAMILY: Times New Roman" size="3">The fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when fund shares are held in a taxable account. These costs, which are not reflected in annual operating expenses or in the example, affect the fund's performance. During the most recent fiscal year, the fund's portfolio turnover rate was 57% of the average value of its portfolio.</font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Average Annual Returns</b></font><font style="FONT-FAMILY: Times New Roman" size="3">Unlike the returns in the bar chart, the returns in the table reflect the maximum applicable sales charges. After-tax returns are calculated using the historical highest individual federal marginal income tax rates, but do not reflect the impact of state or local taxes. After-tax returns for Class A are shown in the table below and after-tax returns for other classes will vary. Actual after-tax returns may differ depending on your individual circumstances. The after-tax returns shown are not relevant if you hold your shares in a retirement account or in another tax-deferred arrangement. Return After Taxes on Distributions and Sale of Fund Shares may be higher than other returns for the same period due to a tax benefit of realizing a capital loss upon the sale of fund shares.</font><br/><br/><font style="FONT-FAMILY: Times New Roman" size="2">For the periods ended <br/>December 31, 2012 </font>0.570.18750.1856<font style="FONT-FAMILY: Times New Roman" size="4"><b>Principal Investment Strategies</b></font>0.12440.16<ul><li><font style="FONT-FAMILY: Times New Roman" size="3">Normally investing a majority of assets in common stocks with a focus on those that pay current dividends and show potential for capital appreciation.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3">Potentially investing in bonds, including lower-quality debt securities, as well as stocks that are not currently paying dividends, but offer prospects for future income or capital appreciation.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3">Investing in domestic and foreign issuers.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3">Investing in either "growth" stocks or "value" stocks or both.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3">Using fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments.</font></li></ul><font style="FONT-FAMILY: Times New Roman" size="4"><b>Principal Investment Risks</b></font><ul><li><font style="FONT-FAMILY: Times New Roman" size="3"><i>Stock Market Volatility.</i> Stock markets are volatile and can decline significantly in response to adverse issuer, political, regulatory, market, or economic developments. Different parts of the market and different types of securities can react differently to these developments.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3"><i>Interest Rate Changes.</i> Interest rate increases can cause the price of a debt security to decrease.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3"><i>Foreign Exposure.</i> Foreign markets can be more volatile than the U.S. market due to increased risks of adverse issuer, political, regulatory, market, or economic developments and can perform differently from the U.S. market.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3"><i>Issuer-Specific Changes.</i> The value of an individual security or particular type of security can be more volatile than, and can perform differently from, the market as a whole. Lower-quality debt securities (those of less than investment-grade quality, also referred to as high yield debt securities) and certain types of other securities involve greater risk of default or price changes due to changes in the credit quality of the issuer. The value of lower-quality debt securities and certain types of other securities can be more volatile due to increased sensitivity to adverse issuer, political, regulatory, market, or economic developments.</font></li></ul><font style="FONT-FAMILY: Times New Roman" size="3">An investment in the fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. You could lose money by investing in the fund.</font><font style="FONT-FAMILY: Times New Roman" size="3">An investment in the fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.</font><font style="FONT-FAMILY: Times New Roman" size="3">You could lose money by investing in the fund.</font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Performance</b></font>0.027237<font style="FONT-FAMILY: Times New Roman" size="3">The following information is intended to help you understand the risks of investing in the fund. The information illustrates the changes in the performance of the fund's shares from year to year and compares the performance of the fund's shares to the performance of a securities market index over various periods of time. The index description appears in the Additional Information about the Index section of the prospectus. Past performance (before and after taxes) is not an indication of future performance.<br/><br/>Visit www.advisor.fidelity.com for updated return information.</font>0.0258<table border="1" width="95%"><tr><td><div align="left"><i><font size="-1">During the periods shown in the chart:</font></i> </div></td><td valign="bottom" align="center"><div align="center"><i><font size="-2">Returns</font></i> </div></td><td valign="bottom" align="center"><div align="center"><i><font size="-2">Quarter ended</font></i></div></td></tr><tr><td><div align="left"><i><font size="-1">Highest Quarter Return</font></i> </div></td><td><div align="right"><i><font size="-1">15.35%</font></i> </div></td><td><div align="left"><i><font size="-1">June 30, 2009</font></i></div></td></tr><tr><td><div align="left"><i><font size="-1">Lowest Quarter Return</font></i> </div></td><td><div align="right"><i><font size="-1">-24.27%</font></i> </div></td><td><div align="left"><i><font size="-1">December 31, 2008</font></i></div></td></tr></table>0.0230.0166<font style="FONT-FAMILY: Times New Roman" size="3">The information illustrates the changes in the performance of the fund's shares from year to year and compares the performance of the fund's shares to the performance of a securities market index over various periods of time.</font><font style="FONT-FAMILY: Times New Roman" size="3">Past performance (before and after taxes) is not an indication of future performance.</font><font style="FONT-FAMILY: Times New Roman" size="3">www.advisor.fidelity.com</font>0.05930.05650.05170.071<font style="FONT-FAMILY: Times New Roman" size="4"><b>Year-by-Year Returns</b></font><font style="FONT-FAMILY: Times New Roman" size="3">The returns in the bar chart do not reflect any applicable sales charges; if sales charges were reflected, returns would be lower than those shown.</font><br/><br/><font style="FONT-FAMILY: Times New Roman" size="2">Calendar Years</font><table border="1" width="95%"><tr><td><div align="left"><i><font size="-1">During the periods shown in the chart for Class A:</font></i> </div></td><td valign="bottom" align="center"><div align="center"><i><font size="-2">Returns</font></i> </div></td><td valign="bottom" align="center"><div align="center"><i><font size="-2">Quarter ended</font></i></div></td></tr><tr><td><div align="left"><i><font size="-1">Highest Quarter Return</font></i> </div></td><td><div align="right"><i><font size="-1">15.28%</font></i> </div></td><td><div align="left"><i><font size="-1">June 30, 2009</font></i></div></td></tr><tr><td><div align="left"><i><font size="-1">Lowest Quarter Return</font></i> </div></td><td><div align="right"><i><font size="-1">-24.31%</font></i> </div></td><td><div align="left"><i><font size="-1">December 31, 2008</font></i></div></td></tr></table><font style="FONT-FAMILY: Times New Roman" size="4"><b>Average Annual Returns</b></font><font style="FONT-FAMILY: Times New Roman" size="3">Unlike the returns in the bar chart, the returns in the table reflect the maximum applicable sales charges. After-tax returns are calculated using the historical highest individual federal marginal income tax rates, but do not reflect the impact of state or local taxes. After-tax returns for Class A are shown in the table below and after-tax returns for other classes will vary. Actual after-tax returns may differ depending on your individual circumstances. The after-tax returns shown are not relevant if you hold your shares in a retirement account or in another tax-deferred arrangement. Return After Taxes on Distributions and Sale of Fund Shares may be higher than other returns for the same period due to a tax benefit of realizing a capital loss upon the sale of fund shares.</font><br/><br/><font style="FONT-FAMILY: Times New Roman" size="2">For the periods ended<br/>December 31, 2012</font><font style="FONT-FAMILY: Times New Roman" size="5"><b>Fund Summary</b></font><br/><br/><font style="FONT-FAMILY: Times New Roman" size="3"><b>Fund/</b>Class:<br/><b>Fidelity Advisor<sup>&#174;</sup> Dividend Growth Fund</b>/A, T, B, C</font><font style="FONT-FAMILY: Times New Roman" size="3">Unlike the returns in the bar chart, the returns in the table reflect the maximum applicable sales charges.</font><font style="FONT-FAMILY: Times New Roman" size="3">After-tax returns are calculated using the historical highest individual federal marginal income tax rates, but do not reflect the impact of state or local taxes.</font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Investment Objective</b></font><font style="FONT-FAMILY: Times New Roman" size="3">After-tax returns for Class A are shown in the table below and after-tax returns for other classes will vary.</font><font style="FONT-FAMILY: Times New Roman" size="3">The fund seeks capital appreciation.</font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Fee Table</b></font><font style="FONT-FAMILY: Times New Roman" size="3">The after-tax returns shown are not relevant if you hold your shares in a retirement account or in another tax-deferred arrangement.</font><font style="FONT-FAMILY: Times New Roman" size="3">Return After Taxes on Distributions and Sale of Fund Shares may be higher than other returns for the same period due to a tax benefit of realizing a capital loss upon the sale of fund shares.</font><font style="FONT-FAMILY: Times New Roman" size="3">The following table describes the fees and expenses that may be incurred when you buy, hold, or sell shares of the fund.<br/><br/>You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in the fund or certain other Fidelity funds. More information about these and other discounts is available from your investment professional and in the Fund Distribution section beginning on page (Click Here) of the prospectus.</font><font style="FONT-FAMILY: Times New Roman" size="3"><b>Shareholder fees</b></font><br/><font size="-2"><b>(fees paid directly from your investment)</b></font>68547919318991675159758511671043102610061881187419312180<font style="FONT-FAMILY: Times New Roman" size="2"><i>Highest Quarter Return</i></font>0.15282009-06-30<font style="FONT-FAMILY: Times New Roman" size="2"><i>Lowest Quarter Return</i></font>-0.24312008-12-310.32070.02850.05380.06540.2631-0.46950.27910.2357-0.00030.141900.0500.010.06720.06530.0590.06740.06790.06550.0710.07620.07620.04960.10030.08340.12390.1521-0.0204-0.0206-0.0173-0.0175-0.0201-0.0160.03154110.05680.05670.04980.05740.05730.05510.07699180.57<font style="FONT-FAMILY: Times New Roman" size="3"><b>Annual class operating expenses</b></font><br/><font size="-2"><b>(expenses that you pay each year as a % of the value of your investment)</b></font><font style="FONT-FAMILY: Times New Roman" size="3">This <b>example</b> helps compare the cost of investing in the fund with the cost of investing in other mutual funds.<br/><br/> Let's say, hypothetically, that the annual return for shares of the fund is 5% and that your shareholder fees and the annual operating expenses for shares of the fund are exactly as described in the fee table. This example illustrates the effect of fees and expenses, but is not meant to suggest actual or expected fees and expenses or returns, all of which may vary. For every $10,000 you invested, here's how much you would pay in total expenses if you sell all of your shares at the end of each time period indicated and if you hold your shares:</font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Portfolio Turnover</b></font><font style="FONT-FAMILY: Times New Roman" size="3">The fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when fund shares are held in a taxable account. These costs, which are not reflected in annual operating expenses or in the example, affect the fund's performance. During the most recent fiscal year, the fund's portfolio turnover rate was 64% of the average value of its portfolio.</font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Principal Investment Strategies</b></font><ul><li><font style="FONT-FAMILY: Times New Roman" size="3">Normally investing at least 80% of assets in equity securities.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3">Normally investing primarily in common stocks.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3">Normally investing primarily in companies that pay dividends or that Fidelity Management &amp; Research Company (FMR) believes have the potential to pay dividends in the future.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3">Investing in domestic and foreign issuers.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3">Investing in either "growth" stocks or "value" stocks or both.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3">Using fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments.</font></li></ul><font style="FONT-FAMILY: Times New Roman" size="4"><b>Principal Investment Risks</b></font><ul><li><font style="FONT-FAMILY: Times New Roman" size="3"><i>Stock Market Volatility.</i> Stock markets are volatile and can decline significantly in response to adverse issuer, political, regulatory, market, or economic developments. Different parts of the market and different types of securities can react differently to these developments.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3"><i>Foreign Exposure.</i> Foreign markets can be more volatile than the U.S. market due to increased risks of adverse issuer, political, regulatory, market, or economic developments and can perform differently from the U.S. market.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3"><i>Issuer-Specific Changes.</i> The value of an individual security or particular type of security can be more volatile than, and can perform differently from, the market as a whole.</font></li></ul><font style="FONT-FAMILY: Times New Roman" size="3">An investment in the fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. You could lose money by investing in the fund.</font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Performance</b></font><font style="FONT-FAMILY: Times New Roman" size="3">The following information is intended to help you understand the risks of investing in the fund. The information illustrates the changes in the performance of the fund's shares from year to year and compares the performance of the fund's shares to the performance of a securities market index over various periods of time. The index description appears in the Additional Information about the Index section of the prospectus. Past performance (before and after taxes) is not an indication of future performance.<br/><br/>Visit www.advisor.fidelity.com for updated return information.</font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Year-by-Year Returns</b></font><table border="1" width="95%"><tr><td><div align="left"><i><font size="-1">During the periods shown in the chart for Class A:</font></i> </div></td><td valign="bottom" align="center"><div align="center"><i><font size="-2">Returns</font></i> </div></td><td valign="bottom" align="center"><div align="center"><i><font size="-2">Quarter ended</font></i></div></td></tr><tr><td><div align="left"><i><font size="-1">Highest Quarter Return</font></i> </div></td><td><div align="right"><i><font size="-1">28.96%</font></i> </div></td><td><div align="left"><i><font size="-1">June 30, 2009</font></i></div></td></tr><tr><td><div align="left"><i><font size="-1">Lowest Quarter Return</font></i> </div></td><td><div align="right"><i><font size="-1">-26.87%</font></i> </div></td><td><div align="left"><i><font size="-1">December 31, 2008</font></i></div></td></tr></table><font style="FONT-FAMILY: Times New Roman" size="4"><b>Average Annual Returns</b></font><font style="FONT-FAMILY: Times New Roman" size="3">Unlike the returns in the bar chart, the returns in the table reflect the maximum applicable sales charges. After-tax returns are calculated using the historical highest individual federal marginal income tax rates, but do not reflect the impact of state or local taxes. After-tax returns for Class A are shown in the table below and after-tax returns for other classes will vary. Actual after-tax returns may differ depending on your individual circumstances. The after-tax returns shown are not relevant if you hold your shares in a retirement account or in another tax-deferred arrangement.</font><br/><br/><font style="FONT-FAMILY: Times New Roman" size="2">For the periods ended<br/>December 31, 2012</font><font style="FONT-FAMILY: Times New Roman" size="3">An investment in the fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.</font><font style="FONT-FAMILY: Times New Roman" size="3">You could lose money by investing in the fund.</font>0.2916<font style="FONT-FAMILY: Times New Roman" size="3">The information illustrates the changes in the performance of the fund's shares from year to year and compares the performance of the fund's shares to the performance of a securities market index over various periods of time.</font>0.1245<font style="FONT-FAMILY: Times New Roman" size="3"> Past performance (before and after taxes) is not an indication of future performance.</font><font style="FONT-FAMILY: Times New Roman" size="3"> www.advisor.fidelity.com</font>0.0676<font style="FONT-FAMILY: Times New Roman" size="3">After-tax returns are calculated using the historical highest individual federal marginal income tax rates, but do not reflect the impact of state or local taxes.</font>0.1742<font style="FONT-FAMILY: Times New Roman" size="3">The after-tax returns shown are not relevant if you hold your shares in a retirement account or in another tax-deferred arrangement.</font><table border="1" width="95%"><tr><td><div align="left"><i><font size="-1">During the periods shown in the chart for Class A:</font></i> </div></td><td valign="bottom" align="center"><div align="center"><i><font size="-2">Returns</font></i> </div></td><td valign="bottom" align="center"><div align="center"><i><font size="-2">Quarter ended</font></i></div></td></tr><tr><td><div align="left"><i><font size="-1">Highest Quarter Return</font></i> </div></td><td><div align="right"><i><font size="-1">20.66%</font></i> </div></td><td><div align="left"><i><font size="-1">June 30, 2003</font></i></div></td></tr><tr><td><div align="left"><i><font size="-1">Lowest Quarter Return</font></i> </div></td><td><div align="right"><i><font size="-1">-25.36%</font></i> </div></td><td><div align="left"><i><font size="-1">December 31, 2008</font></i></div></td></tr></table><font style="FONT-FAMILY: Times New Roman" size="3">Return After Taxes on Distributions and Sale of Fund Shares may be higher than other returns for the same period due to a tax benefit of realizing a capital loss upon the sale of fund shares.</font>0.10090.09640.07080.1250.03850.10910.14930.1755-0.4045-0.0152-0.0184-0.0134-0.0149-0.0110.0083-0.01250.2488<font style="FONT-FAMILY: Times New Roman" size="3">Unlike the returns in the bar chart, the returns in the table reflect the maximum applicable sales charges.</font><font style="FONT-FAMILY: Times New Roman" size="3">After-tax returns are calculated using the historical highest individual federal marginal income tax rates, but do not reflect the impact of state or local taxes.</font>0.13630.640.00710.05610.05040.0486<font style="FONT-FAMILY: Times New Roman" size="3"> After-tax returns for Class A are shown in the table below and after-tax returns for other classes will vary.</font>0.05630.05620.05410.0754<font style="FONT-FAMILY: Times New Roman" size="3">An investment in the fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.</font><font style="FONT-FAMILY: Times New Roman" size="3">You could lose money by investing in the fund.</font><font style="FONT-FAMILY: Times New Roman" size="3">The after-tax returns shown are not relevant if you hold your shares in a retirement account or in another tax-deferred arrangement.</font><font style="FONT-FAMILY: Times New Roman" size="3">The information illustrates the changes in the performance of the fund's shares from year to year and compares the performance of the fund's shares to the performance of a securities market index over various periods of time.</font><font style="FONT-FAMILY: Times New Roman" size="3">Return After Taxes on Distributions and Sale of Fund Shares may be higher than other returns for the same period due to a tax benefit of realizing a capital loss upon the sale of fund shares.</font><font style="FONT-FAMILY: Times New Roman" size="3">Past performance (before and after taxes) is not an indication of future performance.</font><font style="FONT-FAMILY: Times New Roman" size="3">www.advisor.fidelity.com</font>0.171<font style="FONT-FAMILY: Times New Roman" size="3">After-tax returns are calculated using the historical highest individual federal marginal income tax rates, but do not reflect the impact of state or local taxes.</font><div style="display:none">~ http://www.advisor.fidelity.com/role/ScheduleShareholderFeesFidelityAdvisorEquityIncomeFund column period compact * ~</div>
<font style="FONT-FAMILY: Times New Roman" size="3">The after-tax returns shown are not relevant if you hold your shares in a retirement account or in another tax-deferred arrangement.</font><i><font style="FONT-FAMILY: Times New Roman" size="2">Highest Quarter Return</font></i>0.28962009-06-30<i><font style="FONT-FAMILY: Times New Roman" size="2">Lowest Quarter Return</font></i>0.00-0.26872008-12-310.05750.03500<font style="FONT-FAMILY: Times New Roman"><b>Institutional Class</b></font><font style="FONT-FAMILY: Times New Roman"><b>Institutional Class</b></font><font style="FONT-FAMILY: Times New Roman"><b>Institutional Class</b></font>000.050.01<font style="FONT-FAMILY: Times New Roman" size="3">You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in the fund or certain other Fidelity funds.</font><font style="FONT-FAMILY: Times New Roman"><b>Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman"><b>Return After Taxes on Distributions</b></font><font style="FONT-FAMILY: Times New Roman"><b>Return After Taxes on Distributions and Sale of Fund Shares</b></font><font style="FONT-FAMILY: Times New Roman">S&amp;P 500<sup>&#174;</sup> Index</font>500000.730.004600.00250.0071<div style="display:none">~ http://www.advisor.fidelity.com/role/ScheduleExpenseExampleFidelityAdvisorEquityIncomeFund column period compact * ~</div>
0.1755<font style="FONT-FAMILY: Times New Roman" size="3">An investment in the fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.</font0.1710.16580.1171<font style="FONT-FAMILY: Times New Roman" size="5"><b>Fund Summary</b></font><br/><br/><font style="FONT-FAMILY: Times New Roman" size="3"><b>Fund</b>/Class:<br/><b>Fidelity Advisor<sup>&#174;</sup> Large Cap Fund</b>/Institutional</font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Investment Objective</b></font><font style="FONT-FAMILY: Times New Roman" size="3">You could lose money by investing in the fund. </font><font style="FONT-FAMILY: Times New Roman" size="3">The fund seeks long-term growth of capital.</font><font style="FONT-FAMILY: Times New Roman" size="3">The information illustrates the changes in the performance of the fund's shares from year to year and compares the performance of the fund's shares to the performance of a securities market index over various periods of time.</font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Fee Table</b></font><font style="FONT-FAMILY: Times New Roman" size="3">Past performance (before and after taxes) is not an indication of future performance.</font><font style="FONT-FAMILY: Times New Roman" size="3">The following table describes the fees and expenses that may be incurred when you buy, hold, or sell shares of the fund. </font>-0.0042-0.0007-0.00110.0083<font style="FONT-FAMILY: Times New Roman" size="3"><b>Shareholder fees</b></font><br/><font size="-2"><b>(fees paid directly from your investment)</b></font><font style="FONT-FAMILY: Times New Roman" size="3">www.advisor.fidelity.com</font><font style="FONT-FAMILY: Times New Roman" size="3">The returns in the bar chart do not reflect any applicable sales charges; if sales charges were reflected, returns would be lower than those shown.</font><br/><br/><font style="FONT-FAMILY: Times New Roman" size="2">Calendar Years</font><font style="FONT-FAMILY: Times New Roman" size="3"><b>Annual class operating expenses</b></font><br/><font size="-2"><b>(expenses that you pay each year as a % of the value of your investment)</b></font>0.06540.05940.0569<font style="FONT-FAMILY: Times New Roman" size="3">This <b>example</b> helps compare the cost of investing in the fund with the cost of investing in other mutual funds. <br/><br/>Let's say, hypothetically, that the annual return for shares of the fund is 5% and that your shareholder fees and the annual operating expenses for shares of the fund are exactly as described in the fee table. This example illustrates the effect of fees and expenses, but is not meant to suggest actual or expected fees and expenses or returns, all of which may vary. For every $10,000 you invested, here's how much you would pay in total expenses if you sell all of your shares at the end of each time period indicated:</font>0.0754<font style="FONT-FAMILY: Times New Roman" size="4"><b>Portfolio Turnover</b></font><font style="FONT-FAMILY: Times New Roman"><b>Class C - Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman"><b>Class B - Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman"><b>Class T - Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman"><b>Class A - Return After Taxes on Distributions and Sale of Fund Shares</b></font><font style="FONT-FAMILY: Times New Roman"><b>Class A - Return After Taxes on Distributions</b></font><font style="FONT-FAMILY: Times New Roman"><b>Class A - Return Before Taxes</b></font>73227<font style="FONT-FAMILY: Times New Roman" size="3">The fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when fund shares are held in a taxable account. These costs, which are not reflected in annual operating expenses or in the example, affect the fund's performance. During the most recent fiscal year, the fund's portfolio turnover rate was 59% of the average value of its portfolio.</font>395<font style="FONT-FAMILY: Times New Roman" size="2"><i>Class A and Class T purchases of $1 million or more will not be subject to a front-end sales charge. Such Class A and Class T purchases may be subject, upon redemption, to a contingent deferred sales charge (CDSC) of 1.00% or 0.25%, respectively.</i></font><font style="FONT-FAMILY: Times New Roman" size="2"><i>Declines over 6 years from 5.00% to 0%.</i> </font><font style="FONT-FAMILY: Times New Roman" size="2"><i>On Class C shares redeemed less than one year after purchase.</i> </font><font style="FONT-FAMILY: Times New Roman" size="2"><i>Class A and Class T purchases of $1 million or more will not be subject to a front-end sales charge. Such Class A and Class T purchases may be subject, upon redemption, to a contingent deferred sales charge (CDSC) of 1.00% or 0.25%, respectively.</i></font>883<div style="display:none">~ http://www.advisor.fidelity.com/role/ScheduleExpenseExampleNoRedemptionFidelityAdvisorEquityIncomeFund column period compact * ~</div>
<font style="FONT-FAMILY: Times New Roman" size="3">Unlike the returns in the bar chart, the returns in the table reflect the maximum applicable sales charges. </font>0.00520.00520.0052<font style="FONT-FAMILY: Times New Roman" size="3">After-tax returns are calculated using the historical highest individual federal marginal income tax rates, but do not reflect the impact of state or local taxes.</font>0.0052<font style="FONT-FAMILY: Times New Roman" size="4"><b>Principal Investment Strategies</b></font><font style="FONT-FAMILY: Times New Roman" size="3">After-tax returns for Class A are shown in the table below and after-tax returns for other classes will vary.</font><ul><li><font style="FONT-FAMILY: Times New Roman" size="3">Normally investing primarily in common stocks.</font></li> <li><font style="FONT-FAMILY: Times New Roman" size="3">Normally investing at least 80% of assets in securities of companies with large market capitalizations (which, for purposes of this fund, are those companies with market capitalizations similar to companies in the Russell 1000<sup>&#174;</sup> Index or the S&amp;P 500<sup>&#174;</sup> Index).</font></li> <li><font style="FONT-FAMILY: Times New Roman" size="3">Investing in domestic and foreign issuers.</font></li> <li><font style="FONT-FAMILY: Times New Roman" size="3">Investing in either "growth" stocks or "value" stocks or both.</font></li> <li><font style="FONT-FAMILY: Times New Roman" size="3">Using fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments.</font></li> </ul><font style="FONT-FAMILY: Times New Roman" size="4"><b>Principal Investment Risks</b></font><font style="FONT-FAMILY: Times New Roman" size="3">The after-tax returns shown are not relevant if you hold your shares in a retirement account or in another tax-deferred arrangement.</font><font style="FONT-FAMILY: Times New Roman" size="3"> Return After Taxes on Distributions and Sale of Fund Shares may be higher than other returns for the same period due to a tax benefit of realizing a capital loss upon the sale of fund shares.</font><ul><li><font style="FONT-FAMILY: Times New Roman" size="3"><i>Stock Market Volatility</i>. Stock markets are volatile and can decline significantly in response to adverse issuer, political, regulatory, market, or economic developments. Different parts of the market and different types of securities can react differently to these developments.</font></li> <li><font style="FONT-FAMILY: Times New Roman" size="3"><i>Foreign Exposure.</i> Foreign markets can be more volatile than the U.S. market due to increased risks of adverse issuer, political, regulatory, market, or economic developments and can perform differently from the U.S. market.</font></li> <li><font style="FONT-FAMILY: Times New Roman" size="3"><i>Issuer-Specific Changes.</i> The value of an individual security or particular type of security can be more volatile than, and can perform differently from, the market as a whole.</font></li></ul><font style="FONT-FAMILY: Times New Roman" size="3">An investment in the fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. You could lose money by investing in the fund.</font>0.0025<font style="FONT-FAMILY: Times New Roman" size="4"><b>Performance</b></font>0.005<font style="FONT-FAMILY: Times New Roman" size="3">The following information is intended to help you understand the risks of investing in the fund. The information illustrates the changes in the performance of the fund's shares from year to year and compares the performance of the fund's shares to the performance of a securities market index over various periods of time. The index description appears in the Additional Information about the Index section of the prospectus. Past performance (before and after taxes) is not an indication of future performance. <br/><br/>Visit www.advisor.fidelity.com for updated return information. </font>0.01<font style="FONT-FAMILY: Times New Roman" size="5"><b>Fund Summary</b></font><br/><br/><font style="FONT-FAMILY: Times New Roman" size="3"><b>Fund/</b>Class:<br/><b>Fidelity Advisor<sup>&#174;</sup> Dividend Growth Fund</b>/Institutional</font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Year-by-Year Returns</b></font><br/><font style="FONT-FAMILY: Times New Roman" size="2">Calendar Years</font><font style="FONT-FAMILY: Times New Roman">S&amp;P 500<sup>&#174;</sup> Index </font>0.01<font style="FONT-FAMILY: Times New Roman" size="4"><b>Investment Objective</b></font><font style="FONT-FAMILY: Times New Roman" size="3">The fund seeks capital appreciation.</font><table border="1" width="95%"><tr><td><div align="left"><i><font size="-1">During the periods shown in the chart:</font></i> </div></td><td valign="bottom" align="center"><div align="center"><i><font size="-2">Returns</font></i> </div></td><td valign="bottom" align="center"><div align="center"><i><font size="-2">Quarter ended</font></i></div></td></tr><tr><td><div align="left"><i><font size="-1">Highest Quarter Return</font></i> </div></td><td><div align="right"><i><font size="-1">25.57%</font></i> </div></td><td><div align="left"><i><font size="-1">June 30, 2009</font></i></div></td></tr><tr><td><div align="left"><i><font size="-1">Lowest Quarter Return</font></i> </div></td><td><div align="right"><i><font size="-1">-26.95%</font></i> </div></td><td><div align="left"><i><font size="-1">December 31, 2008</font></i></div></td></tr></table><font style="FONT-FAMILY: Times New Roman" size="4"><b>Fee Table</b></font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Average Annual Returns</b></font><font style="FONT-FAMILY: Times New Roman" size="3">The following table describes the fees and expenses that may be incurred when you buy, hold, or sell shares of the fund.</font><font style="FONT-FAMILY: Times New Roman" size="3">After-tax returns are calculated using the historical highest individual federal marginal income tax rates, but do not reflect the impact of state or local taxes. Actual after-tax returns may differ depending on your individual circumstances. The after-tax returns shown are not relevant if you hold your shares in a retirement account or in another tax-deferred arrangement.</font><br/><br/><font style="FONT-FAMILY: Times New Roman" size="2">For the periods ended<br/>December 31, 2012</font><font style="FONT-FAMILY: Times New Roman" size="3"><b>Shareholder fees</b></font><br/><font size="-2"><b>(fees paid directly from your investment)</b></font><font style="FONT-FAMILY: Times New Roman" size="3"><b>Annual class operating expenses</b></font><br/><font size="-2"><b>(expenses that you pay each year as a % of the value of your investment)</b></font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Investment Objective</b></font><font style="FONT-FAMILY: Times New Roman" size="3">The fund seeks a yield from dividend and interest income which exceeds the composite dividend yield on securities comprising the S&amp;P 500<sup>&#174;</sup> Index. In addition, consistent with the primary objective of obtaining dividend and interest income, the fund will consider the potential for achieving capital appreciation.</font><font style="FONT-FAMILY: Times New Roman" size="3">This <b>example</b> helps compare the cost of investing in the fund with the cost of investing in other mutual funds.<br/><br/>Let's say, hypothetically, that the annual return for shares of the fund is 5% and that your shareholder fees and the annual operating expenses for shares of the fund are exactly as described in the fee table. This example illustrates the effect of fees and expenses, but is not meant to suggest actual or expected fees and expenses or returns, all of which may vary. For every $10,000 you invested, here's how much you would pay in total expenses if you sell all of your shares at the end of each time period indicated:</font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Portfolio Turnover</b></font><div style="display:none">~ http://www.advisor.fidelity.com/role/ScheduleAnnualTotalReturnsFidelityAdvisorEquityIncomeFundBarChart column period compact * ~</div>
<font style="FONT-FAMILY: Times New Roman" size="4"><b>Fee Table</b></font><font style="FONT-FAMILY: Times New Roman" size="3">The fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when fund shares are held in a taxable account. These costs, which are not reflected in annual operating expenses or in the example, affect the fund's performance. During the most recent fiscal year, the fund's portfolio turnover rate was 64% of the average value of its portfolio.</font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Principal Investment Strategies</b></font><font style="FONT-FAMILY: Times New Roman" size="3">The following table describes the fees and expenses that may be incurred when you buy, hold, or sell shares of the fund. <br/><br/>You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in the fund or certain other Fidelity funds. More information about these and other discounts is available from your investment professional and in the Fund Distribution section beginning on page (Click Here) of the prospectus.</font><ul><li><font style="FONT-FAMILY: Times New Roman" size="3">Normally investing at least 80% of assets in equity securities.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3">Normally investing primarily in common stocks.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3">Normally investing primarily in companies that pay dividends or that Fidelity Management &amp; Research Company (FMR) believes have the potential to pay dividends in the future.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3">Investing in domestic and foreign issuers.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3">Investing in either "growth" stocks or "value" stocks or both.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3">Using fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments.</font></li></ul><font style="FONT-FAMILY: Times New Roman" size="3"><b>Shareholder fees</b></font><br/><font size="-2"><b>(fees paid directly from your investment)</b></font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Principal Investment Risks</b></font><font style="FONT-FAMILY: Times New Roman" size="3"><b>Annual class operating expenses</b></font><br/><font size="-2"><b>(expenses that you pay each year as a % of the value of your investment)</b></font><ul><li><font style="FONT-FAMILY: Times New Roman" size="3"><i>Stock Market Volatility.</i> Stock markets are volatile and can decline significantly in response to adverse issuer, political, regulatory, market, or economic developments. Different parts of the market and different types of securities can react differently to these developments.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3"><i>Foreign Exposure.</i> Foreign markets can be more volatile than the U.S. market due to increased risks of adverse issuer, political, regulatory, market, or economic developments and can perform differently from the U.S. market.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3"><i>Issuer-Specific Changes.</i> The value of an individual security or particular type of security can be more volatile than, and can perform differently from, the market as a whole.</font></li></ul><font style="FONT-FAMILY: Times New Roman" size="3">An investment in the fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. You could lose money by investing in the fund.</font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Performance</b></font><font style="FONT-FAMILY: Times New Roman" size="3">This <b>example</b> helps compare the cost of investing in the fund with the cost of investing in other mutual funds.<br/><br/> Let's say, hypothetically, that the annual return for shares of the fund is 5% and that your shareholder fees and the annual operating expenses for shares of the fund are exactly as described in the fee table. This example illustrates the effect of fees and expenses, but is not meant to suggest actual or expected fees and expenses or returns, all of which may vary. For every $10,000 you invested, here's how much you would pay in total expenses if you sell all of your shares at the end of each time period indicated and if you hold your shares:</font><font style="FONT-FAMILY: Times New Roman" size="3">The following information is intended to help you understand the risks of investing in the fund. The information illustrates the changes in the performance of the fund's shares from year to year and compares the performance of the fund's shares to the performance of a securities market index over various periods of time. The index description appears in the Additional Information about the Index section of the prospectus. Past performance (before and after taxes) is not an indication of future performance.<br/><br/>Visit www.advisor.fidelity.com for updated return information.</font><font style="FONT-FAMILY: Times New Roman" size="3">Sell All Shares</font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Year-by-Year Returns</b></font><br/><font style="FONT-FAMILY: Times New Roman" size="2">Calendar Years</font><font style="FONT-FAMILY: Times New Roman" size="3">Hold Shares</font><table border="1" width="95%"><tr><td><div align="left"><i><font size="-1">During the periods shown in the chart:</font></i> </div></td><td valign="bottom" align="center"><div align="center"><i><font size="-2">Returns</font></i> </div></td><td valign="bottom" align="center"><div align="center"><i><font size="-2">Quarter ended</font></i></div></td></tr><tr><td><div align="left"><i><font size="-1">Highest Quarter Return</font></i> </div></td><td><div align="right"><i><font size="-1">29.10%</font></i> </div></td><td><div align="left"><i><font size="-1">June 30, 2009</font></i></div></td></tr><tr><td><div align="left"><i><font size="-1">Lowest Quarter Return</font></i> </div></td><td><div align="right"><i><font size="-1">-26.69%</font></i> </div></td><td><div align="left"><i><font size="-1">December 31, 2008</font></i></div></td></tr></table><font style="FONT-FAMILY: Times New Roman" size="4"><b>Portfolio Turnover</b></font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Average Annual Returns</b></font><font style="FONT-FAMILY: Times New Roman" size="3">After-tax returns are calculated using the historical highest individual federal marginal income tax rates, but do not reflect the impact of state or local taxes. Actual after-tax returns may differ depending on your individual circumstances. The after-tax returns shown are not relevant if you hold your shares in a retirement account or in another tax-deferred arrangement.</font><br/><br/><font style="FONT-FAMILY: Times New Roman" size="2">For the periods ended<br/>December 31, 2012</font><font style="FONT-FAMILY: Times New Roman" size="3">The fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when fund shares are held in a taxable account. These costs, which are not reflected in annual operating expenses or in the example, affect the fund's performance. During the most recent fiscal year, the fund's portfolio turnover rate was 49% of the average value of its portfolio.</font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Principal Investment Strategies</b></font><ul><li><font style="FONT-FAMILY: Times New Roman" size="3">Normally investing at least 80% of assets in equity securities.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3">Normally investing primarily in income-producing equity securities, which tends to lead to investments in large cap "value" stocks.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3">Potentially investing in other types of equity securities and debt securities, including lower-quality debt securities.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3">Investing in domestic and foreign issuers.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3">Using fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments.</font></li></ul><font style="FONT-FAMILY: Times New Roman" size="4"><b>Principal Investment Risks</b></font>0.0575<ul><li><font style="FONT-FAMILY: Times New Roman" size="3"><i>Stock Market Volatility.</i> Stock markets are volatile and can decline significantly in response to adverse issuer, political, regulatory, market, or economic developments. Different parts of the market and different types of securities can react differently to these developments.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3"><i>Interest Rate Changes.</i> Interest rate increases can cause the price of a debt security to decrease.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3"><i>Foreign Exposure.</i> Foreign markets can be more volatile than the U.S. market due to increased risks of adverse issuer, political, regulatory, market, or economic developments and can perform differently from the U.S. market.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3"><i>Issuer-Specific Changes.</i> The value of an individual security or particular type of security can be more volatile than, and can perform differently from, the market as a whole. Lower-quality debt securities (those of less than investment-grade quality, also referred to as high yield debt securities) and certain types of other securities involve greater risk of default or price changes due to changes in the credit quality of the issuer. The value of lower-quality debt securities and certain types of other securities can be more volatile due to increased sensitivity to adverse issuer, political, regulatory, market, or economic developments.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3"><i>"Value" Investing.</i> "Value" stocks can perform differently from the market as a whole and other types of stocks and can continue to be undervalued by the market for long periods of time.</font></li></ul><font style="FONT-FAMILY: Times New Roman" size="3">An investment in the fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. You could lose money by investing in the fund.</font>0.03500<font style="FONT-FAMILY: Times New Roman" size="4"><b>Performance</b></font><font style="FONT-FAMILY: Times New Roman" size="3">The following information is intended to help you understand the risks of investing in the fund. The information illustrates the changes in the performance of the fund's shares from year to year and compares the performance of the fund's shares to the performance of a securities market index over various periods of time. The index description appears in the Additional Information about the Index section of the prospectus. Past performance (before and after taxes) is not an indication of future performance.<br/><br/>Visit www.advisor.fidelity.com for updated return information.</font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Year-by-Year Returns</b></font>0.59<font style="FONT-FAMILY: Times New Roman" size="4"><b>Average Annual Returns</b></font><font style="FONT-FAMILY: Times New Roman" size="3">An investment in the fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.</font><font style="FONT-FAMILY: Times New Roman" size="3">Unlike the returns in the bar chart, the returns in the table reflect the maximum applicable sales charges. After-tax returns are calculated using the historical highest individual federal marginal income tax rates, but do not reflect the impact of state or local taxes. After-tax returns for Class A are shown in the table below and after-tax returns for other classes will vary. Actual after-tax returns may differ depending on your individual circumstances. The after-tax returns shown are not relevant if you hold your shares in a retirement account or in another tax-deferred arrangement. Return After Taxes on Distributions and Sale of Fund Shares may be higher than other returns for the same period due to a tax benefit of realizing a capital loss upon the sale of fund shares.</font><br/><br/><font style="FONT-FAMILY: Times New Roman" size="2">For the periods ended <br/>December 31, 2012</font>000.050.01<font style="FONT-FAMILY: Times New Roman" size="3">You could lose money by investing in the fund.</font><div style="display:none">~ http://www.advisor.fidelity.com/role/ScheduleAverageAnnualTotalReturnsTransposedFidelityAdvisorEquityIncomeFund column period compact * ~</div>
<font style="FONT-FAMILY: Times New Roman" size="3">The information illustrates the changes in the performance of the fund's shares from year to year and compares the performance of the fund's shares to the performance of a securities market index over various periods of time.</font><font style="FONT-FAMILY: Times New Roman" size="3">Past performance (before and after taxes) is not an indication of future performance.</font><font style="FONT-FAMILY: Times New Roman" size="3">www.advisor.fidelity.com</font><font style="FONT-FAMILY: Times New Roman" size="3">After-tax returns are calculated using the historical highest individual federal marginal income tax rates, but do not reflect the impact of state or local taxes.</font><font style="FONT-FAMILY: Times New Roman" size="3">The after-tax returns shown are not relevant if you hold your shares in a retirement account or in another tax-deferred arrangement.</font><font style="FONT-FAMILY: Times New Roman" size="3">You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in the fund or certain other Fidelity funds.</font>0.6450000<font style="FONT-FAMILY: Times New Roman" size="3">An investment in the fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.</font>0.490.229<font style="FONT-FAMILY: Times New Roman" size="3">You could lose money by investing in the fund.</font><font style="FONT-FAMILY: Times New Roman" size="3">An investment in the fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.</font><font style="FONT-FAMILY: Times New Roman" size="3">You could lose money by investing in the fund.</font><font style="FONT-FAMILY: Times New Roman" size="3">The information illustrates the changes in the performance of the fund's shares from year to year and compares the performance of the fund's shares to the performance of a securities market index over various periods of time.</font><font style="FONT-FAMILY: Times New Roman" size="3">www.advisor.fidelity.com</font>0.057<font style="FONT-FAMILY: Times New Roman" size="3">After-tax returns are calculated using the historical highest individual federal marginal income tax rates, but do not reflect the impact of state or local taxes.</font><font style="FONT-FAMILY: Times New Roman" size="3">The after-tax returns shown are not relevant if you hold your shares in a retirement account or in another tax-deferred arrangement.</font><i><font style="FONT-FAMILY: Times New Roman" size="2">Highest Quarter Return</font></i>2009-06-300.291<font style="FONT-FAMILY: Times New Roman" size="3">The information illustrates the changes in the performance of the fund's shares from year to year and compares the performance of the fund's shares to the performance of a securities market index over various periods of time.</font><i><font style="FONT-FAMILY: Times New Roman" size="2">Lowest Quarter Return</font></i><font style="FONT-FAMILY: Times New Roman" size="2"><i>Class A and Class T purchases of $1 million or more will not be subject to a front-end sales charge. Such Class A and Class T purchases may be subject, upon redemption, to a contingent deferred sales charge (CDSC) of 1.00% or 0.25%, respectively.</i></font><font style="FONT-FAMILY: Times New Roman" size="2"><i>Class A and Class T purchases of $1 million or more will not be subject to a front-end sales charge. Such Class A and Class T purchases may be subject, upon redemption, to a contingent deferred sales charge (CDSC) of 1.00% or 0.25%, respectively.</i></font><font style="FONT-FAMILY: Times New Roman" size="2"><i>Declines over 6 years from 5.00% to 0%.</i></font><font style="FONT-FAMILY: Times New Roman" size="2"><i> On Class C shares redeemed less than one year after purchase.</i></font><font style="FONT-FAMILY: Times New Roman" size="5"><b>Fund Summary</b></font><br/><br/><font style="FONT-FAMILY: Times New Roman" size="3"><b>Fund</b>/Class:<br/><b>Fidelity Advisor<sup>&#174;</sup> Large Cap Fund</b>/A, T, B, C </font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Investment Objective</b></font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Fee Table</b></font><font style="FONT-FAMILY: Times New Roman" size="3"><b>Shareholder fees</b></font><br/><font size="-2"><b>(fees paid directly from your investment)</b></font><font style="FONT-FAMILY: Times New Roman" size="3"><b>Annual class operating expenses</b></font><br/><font size="-2"><b>(expenses that you pay each year as a % of the value of your investment)</b></font><font style="FONT-FAMILY: Times New Roman" size="3">Sell All Shares</font><font style="FONT-FAMILY: Times New Roman" size="3">Hold Shares</font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Portfolio Turnover</b></font><font style="FONT-FAMILY: Times New Roman" size="3">Past performance (before and after taxes) is not an indication of future performance.</font>-0.26692008-12-31<font style="FONT-FAMILY: Times New Roman" size="3">The fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when fund shares are held in a taxable account. These costs, which are not reflected in annual operating expenses or in the example, affect the fund's performance. During the most recent fiscal year, the fund's portfolio turnover rate was 59% of the average value of its portfolio.</font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Principal Investment Strategies</b></font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Principal Investment Risks</b></font><div style="display:none">~ http://www.advisor.fidelity.com/role/ScheduleShareholderFeesFidelityAdvisorDividendGrowthFund column period compact * ~</div>
<font style="FONT-FAMILY: Times New Roman" size="4"><b>Performance</b></font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Average Annual Returns</b></font><font style="FONT-FAMILY: Times New Roman" size="3">Unlike the returns in the bar chart, the returns in the table reflect the maximum applicable sales charges. After-tax returns are calculated using the historical highest individual federal marginal income tax rates, but do not reflect the impact of state or local taxes. After-tax returns for Class A are shown in the table below and after-tax returns for other classes will vary. Actual after-tax returns may differ depending on your individual circumstances. The after-tax returns shown are not relevant if you hold your shares in a retirement account or in another tax-deferred arrangement. Return After Taxes on Distributions and Sale of Fund Shares may be higher than other returns for the same period due to a tax benefit of realizing a capital loss upon the sale of fund shares.</font><br/><br/><font style="FONT-FAMILY: Times New Roman" size="2">For the periods ended<br/>December 31, 2012</font><table border="1" width="95%"><tr><td><div align="left"><i><font size="-1">During the periods shown in the chart for Class A:</font></i> </div></td><td valign="bottom" align="center"><div align="center"><i><font size="-2">Returns</font></i> </div></td><td valign="bottom" align="center"><div align="center"><i><font size="-2">Quarter ended</font></i></div></td></tr><tr><td><div align="left"><i><font size="-1">Highest Quarter Return</font></i> </div></td><td><div align="right"><i><font size="-1">25.46%</font></i> </div></td><td><div align="left"><i><font size="-1">June 30, 2009</font></i></div></td></tr><tr><td><div align="left"><i><font size="-1">Lowest Quarter Return</font></i> </div></td><td><div align="right"><i><font size="-1">-27.00%</font></i> </div></td><td><div align="left"><i><font size="-1">December 31, 2008</font></i></div></td></tr></table><ul><li><font style="FONT-FAMILY: Times New Roman" size="3"><i>Stock Market Volatility.</i> Stock markets are volatile and can decline significantly in response to adverse issuer, political, regulatory, market, or economic developments. Different parts of the market and different types of securities can react differently to these developments.</font></li> <li><font style="FONT-FAMILY: Times New Roman" size="3"><i>Foreign Exposure.</i> Foreign markets can be more volatile than the U.S. market due to increased risks of adverse issuer, political, regulatory, market, or economic developments and can perform differently from the U.S. market. </font></li> <li><font style="FONT-FAMILY: Times New Roman" size="3"><i>Issuer-Specific Changes.</i> The value of an individual security or particular type of security can be more volatile than, and can perform differently from, the market as a whole. </font> </li> </ul> <font style="FONT-FAMILY: Times New Roman" size="3">An investment in the fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. You could lose money by investing in the fund.</font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Year-by-Year Returns</b></font><div style="display:none">~ http://www.advisor.fidelity.com/role/ScheduleShareholderFeesFidelityAdvisorLargeCapFund column period compact * ~</div>
0.07650.13050.1172<div style="display:none">~ http://www.advisor.fidelity.com/role/ScheduleShareholderFeesFidelityAdvisorDividendGrowthFundInstitutionalClass column period compact * ~</div>
<font style="FONT-FAMILY: Times New Roman" size="5"><b>Fund Summary</b></font><br/><br/><font style="FONT-FAMILY: Times New Roman" size="3"><b>Fund/</b>Class:<br/><b>Fidelity Advisor</b><sup>&#174; </sup><b>Equity Income Fund</b>/A, T, B, C</b></font><font style="FONT-FAMILY: Times New Roman" size="3"> Past performance (before and after taxes) is not an indication of future performance.</font><font style="FONT-FAMILY: Times New Roman" size="3">www.advisor.fidelity.com</font>-0.4133<div style="display:none">~ http://www.advisor.fidelity.com/role/ScheduleAnnualClassOperatingExpensesFidelityAdvisorDividendGrowthFundInstitutionalClass column period compact * ~</div>
<font style="FONT-FAMILY: Times New Roman" size="3">The returns in the bar chart do not reflect any applicable sales charges; if sales charges were reflected, returns would be lower than those shown.</font><br/><br/><font style="FONT-FAMILY: Times New Roman" size="2">Calendar Years</font>0.26880.1485<font style="FONT-FAMILY: Times New Roman" size="3">Unlike the returns in the bar chart, the returns in the table reflect the maximum applicable sales charges.</font>0.01590.1849700<font style="FONT-FAMILY: Times New Roman" size="3">After-tax returns are calculated using the historical highest individual federal marginal income tax rates, but do not reflect the impact of state or local taxes.</font>502709308<font style="FONT-FAMILY: Times New Roman" size="3">After-tax returns for Class A are shown in the table below and after-tax returns for other classes will vary.</font>9638229466431247116513081103<font style="FONT-FAMILY: Times New Roman" size="3">The after-tax returns shown are not relevant if you hold your shares in a retirement account or in another tax-deferred arrangement.</font><font style="FONT-FAMILY: Times New Roman" size="3"> Return After Taxes on Distributions and Sale of Fund Shares may be higher than other returns for the same period due to a tax benefit of realizing a capital loss upon the sale of fund shares.</font>2053213121042379<div style="display:none">~ http://www.advisor.fidelity.com/role/ScheduleAnnualTotalReturnsFidelityAdvisorDividendGrowthFundBarChart column period compact * ~</div>
<font style="FONT-FAMILY: Times New Roman" size="3">The returns in the bar chart do not reflect any applicable sales charges; if sales charges were reflected, returns would be lower than those shown.</font><br/><br/><font style="FONT-FAMILY: Times New Roman" size="2">Calendar Years</font><font style="FONT-FAMILY: Times New Roman" size="3">You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in the fund or certain other Fidelity funds.</font>0.5950000<font style="FONT-FAMILY: Times New Roman" size="3">You could lose money by investing in the fund.</font><font style="FONT-FAMILY: Times New Roman" size="3">An investment in the fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.</font>0.0050.0050.005<font style="FONT-FAMILY: Times New Roman" size="3">The information illustrates the changes in the performance of the fund's shares from year to year and compares the performance of the fund's shares to the performance of a securities market index over various periods of time.</font>0.0050.00250.0050.01<font style="FONT-FAMILY: Times New Roman" size="3">Past performance (before and after taxes) is not an indication of future performance.</font>0.010.18490.18050.12510.16<font style="FONT-FAMILY: Times New Roman" size="3">www.advisor.fidelity.com</font><div style="display:none">~ http://www.advisor.fidelity.com/role/ScheduleAverageAnnualTotalReturnsTransposedFidelityAdvisorDividendGrowthFund column period compact * ~</div>
0.00310.00260.00350.00310.00580.00360.00450.01660.01060.01260.06160.01850.05850.05360.01810.071<div style="display:none">~ http://www.advisor.fidelity.com/role/ScheduleAverageAnnualTotalReturnsTransposedFidelityAdvisorDividendGrowthFundInstitutionalClass column period compact * ~</div>
<font style="FONT-FAMILY: Times New Roman" size="3">Unlike the returns in the bar chart, the returns in the table reflect the maximum applicable sales charges.</font><font style="FONT-FAMILY: Times New Roman" size="3">After-tax returns are calculated using the historical highest individual federal marginal income tax rates, but do not reflect the impact of state or local taxes.</font><font style="FONT-FAMILY: Times New Roman" size="3">After-tax returns for Class A are shown in the table below and after-tax returns for other classes will vary.</font><font style="FONT-FAMILY: Times New Roman" size="3">Return After Taxes on Distributions and Sale of Fund Shares may be higher than other returns for the same period due to a tax benefit of realizing a capital loss upon the sale of fund shares.</font><font style="FONT-FAMILY: Times New Roman" size="3">The after-tax returns shown are not relevant if you hold your shares in a retirement account or in another tax-deferred arrangement.</font>67747468828489373688256911261017120198017951819186521270.00020.00020.00020.00026764756842798907398695541121102311809541784183018332073677474188184736893582569<div style="display:none">~ http://www.advisor.fidelity.com/role/ScheduleAnnualTotalReturnsFidelityAdvisorDividendGrowthFundInstitutionalClassBarChart column period compact * ~</div>
1126101710019801795181918652127<font style="FONT-FAMILY: Times New Roman" size="2"><i>Highest Quarter Return</i></font>2009-06-300.1535<font style="FONT-FAMILY: Times New Roman" size="2"><i>Lowest Quarter Return</i></font>-0.24272008-12-31<table border="1" width="95%"><tr><td><div align="left"><i><font size="-1">During the periods shown in the chart for Class A:</font></i> </div></td><td valign="bottom" align="center"><div align="center"><i><font size="-2">Returns</font></i> </div></td><td valign="bottom" align="center"><div align="center"><i><font size="-2">Quarter ended</font></i></div></td></tr><tr><td><div align="left"><i><font size="-1">Highest Quarter Return</font></i> </div></td><td><div align="right"><i><font size="-1">18.84%</font></i> </div></td><td><div align="left"><i><font size="-1">June 30, 2009</font></i></div></td></tr><tr><td><div align="left"><i><font size="-1">Lowest Quarter Return</font></i> </div></td><td><div align="right"><i><font size="-1">-22.60%</font></i></div></td><td><div align="left"><i><font size="-1">December 31, 2008</font></i></div></td></tr></table>67647518417970050220920889096373982256955464664311211247102311659801108954110320532131210417842379183018332073<font style="FONT-FAMILY: Times New Roman"><b>Institutional Class</b></font><font style="FONT-FAMILY: Times New Roman"><b>Institutional Class</b></font><font style="FONT-FAMILY: Times New Roman"><b>Institutional Class</b></font><font style="FONT-FAMILY: Times New Roman"><b>Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman"><b>Return After Taxes on Distributions </b></font><font style="FONT-FAMILY: Times New Roman"><b>Return After Taxes on Distributions and Sale of Fund Shares</b></font>0.3950.23760.0746<div style="display:none">~ http://www.advisor.fidelity.com/role/ScheduleExpenseExampleFidelityAdvisorDividendGrowthFund column period compact * ~</div>
0.09880.1283-0.26840.28020.178-0.0480.0601<i><font style="FONT-FAMILY: Times New Roman" size="2">Highest Quarter Return</font></i>2009-06-300.2546-0.0009-0.00180.00040.02060.04250.00210.1635<i><font style="FONT-FAMILY: Times New Roman" size="2">Lowest Quarter Return</font></i>2008-12-310.00970.0041-0.270.00760.01070.01230.01410.03560.33610.22490.05420.10740.07270.05920.09210.08440.12640.08080.09240.09050.09260.09720.1139<ul><li><font style="FONT-FAMILY: Times New Roman" size="3">Normally investing primarily in common stocks.</font></li> <li><font style="FONT-FAMILY: Times New Roman" size="3">Normally investing at least 80% of assets in securities of companies with large market capitalizations (which, for purposes of this fund, are those companies with market capitalizations similar to companies in the Russell 1000<sup>&#174;</sup> Index or the S&amp;P 500<sup>&#174;</sup> Index).</font></li> <li><font style="FONT-FAMILY: Times New Roman" size="3">Investing in domestic and foreign issuers.</font></li> <li><font style="FONT-FAMILY: Times New Roman" size="3">Investing in either "growth" stocks or "value" stocks or both. </font></li> <li><font style="FONT-FAMILY: Times New Roman" size="3">Using fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments.</font></li></ul>-0.4151<font style="FONT-FAMILY: Times New Roman"><b>Class A - Return Before Taxes</b></font>0.1374<font style="FONT-FAMILY: Times New Roman"><b>Class A - Return After Taxes on Distributions</b></font><font style="FONT-FAMILY: Times New Roman"><b>Class A - Return After Taxes on Distributions and Sale of Fund Shares</b></font><font style="FONT-FAMILY: Times New Roman"><b>Class T - Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman"><b>Class B - Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman"><b>Class C - Return Before Taxes</b></font>0.2647<div style="display:none">~ http://www.advisor.fidelity.com/role/ScheduleExpenseExampleFidelityAdvisorDividendGrowthFundInstitutionalClass column period compact * ~</div>
0.14450.09260.0127-0.42380.18050.27010.1489-0.0272<font style="FONT-FAMILY: Times New Roman" size="2"><i>Highest Quarter Return</i></font>2009-06-300.16480.2557<font style="FONT-FAMILY: Times New Roman" size="2"><i>Lowest Quarter Return</i></font>2008-12-31-0.2695<div style="display:none">~ http://www.advisor.fidelity.com/role/ScheduleExpenseExampleNoRedemptionFidelityAdvisorDividendGrowthFund column period compact * ~</div>
<font style="FONT-FAMILY: Times New Roman" size="3">The fund seeks long-term growth of capital. </font>0.11260.1090.07720.13720.12180.16220.160.09780.09580.06630.1210.1051-0.00940.1453-0.011-0.00820.1755<font style="FONT-FAMILY: Times New Roman" size="3">This <b>example</b> helps compare the cost of investing in the fund with the cost of investing in other mutual funds.<br/><br/>Let's say, hypothetically, that the annual return for shares of the fund is 5% and that your shareholder fees and the annual operating expenses for shares of the fund are exactly as described in the fee table. This example illustrates the effect of fees and expenses, but is not meant to suggest actual or expected fees and expenses or returns, all of which may vary. For every $10,000 you invested, here's how much you would pay in total expenses if you sell all of your shares at the end of each time period indicated and if you hold your shares:</font>-0.0070-0.0091-0.00480.0166-0.0213-0.0229-0.0182-0.019-0.021-0.0170.0083<font style="FONT-FAMILY: Times New Roman" size="2"><i>Highest Quarter Return</i></font>0.05190.04940.05750.05010.04830.05730.05810.05590.07540.00660<font style="FONT-FAMILY: Times New Roman" size="3">The following table describes the fees and expenses that may be incurred when you buy, hold, or sell shares of the fund. <br/><br/>You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in the fund or certain other Fidelity funds. More information about these and other discounts is available from your investment professional and in the Fund Distribution section beginning on page (Click Here) of the prospectus. </font>0.00250.0450.0519<font style="FONT-FAMILY: Times New Roman" size="3">The following information is intended to help you understand the risks of investing in the fund. The information illustrates the changes in the performance of the fund's shares from year to year and compares the performance of the fund's shares to the performance of a securities market index over various periods of time. The index description appears in the Additional Information about the Index section of the prospectus. Past performance (before and after taxes) is not an indication of future performance. <br/><br/>Visit www.advisor.fidelity.com for updated return information. </font>0.05240.05040.0710.00910.18842009-06-30<font style="FONT-FAMILY: Times New Roman" size="2"><i>Lowest Quarter Return</i></font>-0.2262008-12-31<font style="FONT-FAMILY: Times New Roman"><b>Class A - Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman"><b>Class A - Return After Taxes on Distributions</b></font><font style="FONT-FAMILY: Times New Roman"><b>Class A - Return After Taxes on Distributions and Sale of Fund Shares</b></font><font style="FONT-FAMILY: Times New Roman"><b>Class T - Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman"><b>Class B - Return Before Taxes </b></font><font style="FONT-FAMILY: Times New Roman"><b>Class C - Return Before Taxes </b></font><font style="FONT-FAMILY: Times New Roman">S&amp;P 500<sup>&#174;</sup> Index </font>93<div style="display:none">~ http://www.advisor.fidelity.com/role/ScheduleShareholderFeesFidelityAdvisorGrowthIncomeFundInstitutionalClass column period compact * ~</div>
<font style="FONT-FAMILY: Times New Roman" size="2"><em>Highest Quarter Return</em></font>2902003-06-300.166<font style="FONT-FAMILY: Times New Roman" size="2"><em>Lowest Quarter Return</em></font>5042008-12-31-0.26791120<div style="display:none">~ http://www.advisor.fidelity.com/role/ScheduleAnnualClassOperatingExpensesFidelityAdvisorGrowthIncomeFundInstitutionalClass column period compact * ~</div>
<font style="FONT-FAMILY: Times New Roman" size="2"><i>Class A and Class T purchases of $1 million or more will not be subject to a front-end sales charge. Such Class A and Class T purchases may be subject, upon redemption, to a contingent deferred sales charge (CDSC) of 1.00% or 0.25%, respectively.</i></font><font style="FONT-FAMILY: Times New Roman" size="2"><i>Class A and Class T purchases of $1 million or more will not be subject to a front-end sales charge. Such Class A and Class T purchases may be subject, upon redemption, to a contingent deferred sales charge (CDSC) of 1.00% or 0.25%, respectively.</i></font><font style="FONT-FAMILY: Times New Roman" size="2"><i>Declines over 6 years from 5.00% to 0%.</i></font><font style="FONT-FAMILY: Times New Roman" size="2"><i>On Class C shares redeemed less than one year after purchase.</i></font><font style="FONT-FAMILY: Times New Roman"><b>Class A - Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman"><b>Class A - Return After Taxes on Distributions</b></font><font style="FONT-FAMILY: Times New Roman"><b>Class A - Return After Taxes on Distributions and Sale of Fund Shares</b></font><font style="FONT-FAMILY: Times New Roman"><b>Class T - Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman"><b>Class B - Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman"><b>Class C - Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman">S&amp;P 500<sup>&#174;</sup> Index</font>0.24790.06050.1160.13070.1281<font style="FONT-FAMILY: Times New Roman" size="3">You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in the fund or certain other Fidelity funds.</font>-0.47370.5072500000.1823-0.01470.2081<font style="FONT-FAMILY: Times New Roman" size="2"><i>Highest Quarter Return</i></font>2003-06-300.2066<font style="FONT-FAMILY: Times New Roman" size="2"><i>Lowest Quarter Return</i> </font>2008-12-31-0.2536<font style="FONT-FAMILY: Times New Roman" size="2"><i>Class A and Class T purchases of $1 million or more will not be subject to a front-end sales charge. Such Class A and Class T purchases may be subject, upon redemption, to a contingent deferred sales charge (CDSC) of 1.00% or 0.25%, respectively.</i></font><font style="FONT-FAMILY: Times New Roman" size="2"><i>Class A and Class T purchases of $1 million or more will not be subject to a front-end sales charge. Such Class A and Class T purchases may be subject, upon redemption, to a contingent deferred sales charge (CDSC) of 1.00% or 0.25%, respectively.</i></font><font style="FONT-FAMILY: Times New Roman" size="2"><i>Declines over 6 years from 5.00% to 0%.</i></font><font style="FONT-FAMILY: Times New Roman" size="2"><i>On Class C shares redeemed less than one year after purchase.</i></font><div style="display:none">~ http://www.advisor.fidelity.com/role/ScheduleExpenseExampleFidelityAdvisorLargeCapFund column period compact * ~</div>
<div style="display:none">~ http://www.advisor.fidelity.com/role/ScheduleAnnualTotalReturnsFidelityAdvisorGrowthIncomeFundInstitutionalClassBarChart column period compact * ~</div>
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<font style="FONT-FAMILY: Times New Roman" size="2"><i>Class A and Class T purchases of $1 million or more will not be subject to a front-end sales charge. Such Class A and Class T purchases may be subject, upon redemption, to a contingent deferred sales charge (CDSC) of 1.00% or 0.25%, respectively.</i></font><font style="FONT-FAMILY: Times New Roman" size="2"><i>Class A and Class T purchases of $1 million or more will not be subject to a front-end sales charge. Such Class A and Class T purchases may be subject, upon redemption, to a contingent deferred sales charge (CDSC) of 1.00% or 0.25%, respectively.</i></font><font style="FONT-FAMILY: Times New Roman" size="3">Unlike the returns in the bar chart, the returns in the table reflect the maximum applicable sales charges.</font><font style="FONT-FAMILY: Times New Roman" size="3">After-tax returns for Class A are shown in the table below and after-tax returns for other classes will vary.</font><div style="display:none">~ http://www.advisor.fidelity.com/role/ScheduleShareholderFeesFidelityAdvisorEquityGrowthFund column period compact * ~</div>
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<font style="FONT-FAMILY: Times New Roman" size="2"><i>Declines over 6 years from 5.00% to 0%. </i></font><font style="FONT-FAMILY: Times New Roman" size="2"><i>On Class C shares redeemed less than one year after purchase. </i></font><font style="FONT-FAMILY: Times New Roman"><b>Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman"><b>Return After Taxes on Distributions</b></font><font style="FONT-FAMILY: Times New Roman"><b>Return After Taxes on Distributions and Sale of Fund Shares</b></font><font style="FONT-FAMILY: Times New Roman">S&amp;P 500<sup>&#174;</sup> Index</font><font style="FONT-FAMILY: Times New Roman"><b>Institutional Class</b></font><font style="FONT-FAMILY: Times New Roman"><b>Institutional Class</b></font><font style="FONT-FAMILY: Times New Roman"><b>Institutional Class</b></font><font style="FONT-FAMILY: Times New Roman" size="3">The fund seeks high total return through a combination of current income and capital appreciation.</font><font style="FONT-FAMILY: Times New Roman" size="3">Sell All Shares</font><font style="FONT-FAMILY: Times New Roman" size="3">Hold Shares</font>0.00460.00460.00460.00460.00250.0050.010.01<div style="display:none">~ http://www.advisor.fidelity.com/role/ScheduleExpenseExampleFidelityAdvisorSmallCapFund column period compact * ~</div>
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<font style="FONT-FAMILY: Times New Roman">Russell 3000<sup>&#174;</sup> Value Index</font><font style="FONT-FAMILY: Times New Roman"><b>Class C - Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman"><b>Class B - Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman"><b>Class T - Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman"><b>Class A - Return After Taxes on Distributions</b></font><font style="FONT-FAMILY: Times New Roman"><b>Class A - Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman"><b>Class A - Return After Taxes on Distributions and Sale of Fund Shares</b></font><div style="display:none">~ http://www.advisor.fidelity.com/role/ScheduleShareholderFeesFidelityAdvisorGrowthIncomeFund column period compact * ~</div>
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0.005200.05750.035000.0044000.050.010.00969830653111780.33940.11230.06310.13990.096-0.42140.27250.1524-0.02480.166900.003800.00270.0065<font style="FONT-FAMILY: Times New Roman" size="3">The returns in the bar chart do not reflect any applicable sales charges; if sales charges were reflected, returns would be lower than those shown.</font><br/><br/><font style="FONT-FAMILY: Times New Roman" size="2">Calendar Years</font>0.17550.11170.16440.1669-0.007-0.0089-0.00630.00830.06690.0590.05650.0754<font style="FONT-FAMILY: Times New Roman" size="4"><b>Investment Objective</b></font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Fee Table</b></font><font style="FONT-FAMILY: Times New Roman" size="3"><b>Shareholder fees</b></font><br/><font size="-2"><b>(fees paid directly from your investment)</b></font><font style="FONT-FAMILY: Times New Roman" size="3"><b>Annual class operating expenses</b></font><br/><font size="-2"><b>(expenses that you pay each year as a % of the value of your investment)</b></font><font style="FONT-FAMILY: Times New Roman" size="3">Sell All Shares</font><font style="FONT-FAMILY: Times New Roman" size="3">Hold Shares</font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Portfolio Turnover</b></font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Principal Investment Strategies</b></font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Principal Investment Risks</b></font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Performance</b></font><font style="FONT-FAMILY: Times New Roman" size="5"><b>Fund Summary</b></font><br/><br/><font style="FONT-FAMILY: Times New Roman" size="3">Fund/<b>Class:</b><br/>Fidelity Advisor<sup>&#174;</sup> Value Strategies Fund/<b>Fidelity<sup>&#174;</sup> Value Strategies Fund K</b></font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Investment Objective</b></font><font style="FONT-FAMILY: Times New Roman" size="3">The fund seeks capital appreciation.</font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Average Annual Returns</b></font><font style="FONT-FAMILY: Times New Roman" size="3">Unlike the returns in the bar chart, the returns in the table reflect the maximum applicable sales charges. After-tax returns are calculated using the historical highest individual federal marginal income tax rates, but do not reflect the impact of state or local taxes. After-tax returns for Class A are shown in the table below and after-tax returns for other classes will vary. Actual after-tax returns may differ depending on your individual circumstances. The after-tax returns shown are not relevant if you hold your shares in a retirement account or in another tax-deferred arrangement. Return After Taxes on Distributions and Sale of Fund Shares may be higher than other returns for the same period due to a tax benefit of realizing a capital loss upon the sale of fund shares.</font><br/><br/><font style="FONT-FAMILY: Times New Roman" size="2">For the periods ended<br/>December 31, 2012</font>0<font style="FONT-FAMILY: Times New Roman" size="4"><b>Fee Table</b></font><font style="FONT-FAMILY: Times New Roman" size="3">This <b>example</b> helps compare the cost of investing in the fund with the cost of investing in other mutual funds.<br/><br/>Let's say, hypothetically, that the annual return for shares of the fund is 5% and that your shareholder fees and the annual operating expenses for shares of the fund are exactly as described in the fee table. This example illustrates the effect of fees and expenses, but is not meant to suggest actual or expected fees and expenses or returns, all of which may vary. For every $10,000 you invested, here's how much you would pay in total expenses if you sell all of your shares at the end of each time period indicated and if you hold your shares:</font><font style="FONT-FAMILY: Times New Roman" size="3">The following table describes the fees and expenses that may be incurred when you buy, hold, or sell shares of the fund.</font>0.006<font style="FONT-FAMILY: Times New Roman" size="5"><b>Fund Summary</b></font><br/><br/><font style="FONT-FAMILY: Times New Roman" size="3"><b>Fund/</b>Class:<br/><b>Fidelity Advisor<sup>&#174;</sup> Small Cap Fund</b>/Institutional</font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Investment Objective</b></font><font style="FONT-FAMILY: Times New Roman" size="3">The fund seeks long-term growth of capital.</font>0<font style="FONT-FAMILY: Times New Roman" size="4"><b>Fee Table</b></font><ul><li><font style="FONT-FAMILY: Times New Roman" size="3"><i>Stock Market Volatility.</i> Stock markets are volatile and can decline significantly in response to adverse issuer, political, regulatory, market, or economic developments. Different parts of the market and different types of securities can react differently to these developments.</font></li> <li><font style="FONT-FAMILY: Times New Roman" size="3"><i>Foreign Exposure.</i> Foreign markets can be more volatile than the U.S. market due to increased risks of adverse issuer, political, regulatory, market, or economic developments and can perform differently from the U.S. market. </font></li> <li><font style="FONT-FAMILY: Times New Roman" size="3"><i>Issuer-Specific Changes.</i> The value of an individual security or particular type of security can be more volatile than, and can perform differently from, the market as a whole. The value of securities of smaller issuers can be more volatile than that of larger issuers.</font> </li> <li><font style="FONT-FAMILY: Times New Roman" size="3"><i>Mid Cap Investing.</i> The value of securities of medium size, less well-known issuers can perform differently from the market as a whole and other types of stocks and can be more volatile than that of larger issuers.</font></li></ul><font style="FONT-FAMILY: Times New Roman" size="3">An investment in the fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. You could lose money by investing in the fund.</font><font style="FONT-FAMILY: Times New Roman" size="3">The following table describes the fees and expenses that may be incurred when you buy, hold, or sell shares of the fund. </font>0.0029<font style="FONT-FAMILY: Times New Roman" size="3"><b>Shareholder fees</b></font><br/><font size="-2"><b>(fees paid directly from your investment)</b></font><font style="FONT-FAMILY: Times New Roman" size="3"><b>Annual class operating expenses</b></font><br/><font size="-2"><b>(expenses that you pay each year as a % of the value of your investment)</b></font><font style="FONT-FAMILY: Times New Roman" size="3">This <b>example</b> helps compare the cost of investing in the fund with the cost of investing in other mutual funds.<br/><br/>Let's say, hypothetically, that the annual return for shares of the fund is 5% and that your shareholder fees and the annual operating expenses for shares of the fund are exactly as described in the fee table. This example illustrates the effect of fees and expenses, but is not meant to suggest actual or expected fees and expenses or returns, all of which may vary. For every $10,000 you invested, here's how much you would pay in total expenses if you sell all of your shares at the end of each time period indicated:</font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Portfolio Turnover</b></font>0.0089<font style="FONT-FAMILY: Times New Roman" size="3">The fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when fund shares are held in a taxable account. These costs, which are not reflected in annual operating expenses or in the example, affect the fund's performance. During the most recent fiscal year, the fund's portfolio turnover rate was 69% of the average value of its portfolio.</font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Principal Investment Strategies</b></font><font style="FONT-FAMILY: Times New Roman" size="3">The fund seeks long-term growth of capital. </font><font style="FONT-FAMILY: Times New Roman" size="3"><b>Shareholder fees</b></font><br/><font size="-2"><b>(fees paid directly from your investment)</b></font><ul><li><font style="FONT-FAMILY: Times New Roman" size="3">Normally investing primarily in common stocks.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3">Normally investing at least 80% of assets in securities of companies with small market capitalizations (which, for purposes of this fund, are those companies with market capitalizations similar to companies in the Russell 2000<sup>&#174;</sup> Index or the S&amp;P SmallCap 600<sup>&#174;</sup> Index).</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3">Investing in domestic and foreign issuers.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3">Investing in either "growth" stocks or "value" stocks or both.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3">Using fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments.</font></li></ul><font style="FONT-FAMILY: Times New Roman" size="3"><b>Annual class operating expenses</b></font><br/><font size="-2"><b>(expenses that you pay each year as a % of the value of your investment)</b></font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Principal Investment Risks</b></font><font style="FONT-FAMILY: Times New Roman" size="3">This <b>example</b> helps compare the cost of investing in the fund with the cost of investing in other mutual funds. </font><br/><br/><font style="FONT-FAMILY: Times New Roman" size="3">Let's say, hypothetically, that the annual return for shares of the fund is 5% and that your shareholder fees and the annual operating expenses for shares of the fund are exactly as described in the fee table. This example illustrates the effect of fees and expenses, but is not meant to suggest actual or expected fees and expenses or returns, all of which may vary. For every $10,000 you invested, here's how much you would pay in total expenses if you sell all of your shares at the end of each time period indicated:</font>00.050.01<ul><li><font style="FONT-FAMILY: Times New Roman" size="3"><i>Stock Market Volatility.</i> Stock markets are volatile and can decline significantly in response to adverse issuer, political, regulatory, market, or economic developments. Different parts of the market and different types of securities can react differently to these developments.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3"><i>Foreign Exposure.</i> Foreign markets can be more volatile than the U.S. market due to increased risks of adverse issuer, political, regulatory, market, or economic developments and can perform differently from the U.S. market.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3"><i>Issuer-Specific Changes.</i> The value of an individual security or particular type of security can be more volatile than, and can perform differently from, the market as a whole.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3"><i>Small Cap Investing.</i> The value of securities of smaller, less well-known issuers can perform differently from the market as a whole and other types of stocks and can be more volatile than that of larger issuers.</font></li></ul><font style="FONT-FAMILY: Times New Roman" size="3">An investment in the fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. You could lose money by investing in the fund.</font>0<font style="FONT-FAMILY: Times New Roman" size="4"><b>Portfolio Turnover</b></font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Performance</b></font><font style="FONT-FAMILY: Times New Roman" size="3">The fund pays transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when fund shares are held in a taxable account. These costs, which are not reflected in annual operating expenses or in the example, affect the fund&#8217;s performance. During the most recent fiscal year, the fund&#8217;s portfolio turnover rate was 23% of the average value of its portfolio.</font><font style="FONT-FAMILY: Times New Roman" size="3">The following information is intended to help you understand the risks of investing in the fund. The information illustrates the changes in the performance of the fund's shares from year to year and compares the performance of the fund's shares to the performance of a securities market index over various periods of time. The index description appears in the Additional Information about the Index section of the prospectus. Past performance (before and after taxes) is not an indication of future performance.<br/><br/>Visit www.advisor.fidelity.com for updated return information. </font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Principal Investment Strategies</b></font><ul><li><font style="FONT-FAMILY: Times New Roman" size="3">Normally investing primarily in common stocks.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3">Investing in securities of companies that Fidelity Management &amp; Research Company (FMR) believes are undervalued in the marketplace in relation to factors such as assets, sales, earnings, or growth potential (stocks of these companies are often called &#8220;value&#8221; stocks).</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3"> Focusing investments in medium-sized companies, but also may invest substantially in larger or smaller companies.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3">Investing in domestic and foreign issuers. </font></li><li><font style="FONT-FAMILY: Times New Roman" size="3">Using fundamental analysis of factors such as each issuer&#8217;s financial condition and industry position, as well as market and economic conditions, to select investments.</font></li></ul><font style="FONT-FAMILY: Times New Roman" size="4"><b>Year-by-Year Returns</b></font><br/><font style="FONT-FAMILY: Times New Roman" size="2">Calendar Years</font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Principal Investment Risks</b></font><table border="1" width="95%"><tr><td><div align="left"><i><font size="-1">During the periods shown in the chart:</font></i> </div></td><td valign="bottom" align="center"><div align="center"><i><font size="-2">Returns</font></i> </div></td><td valign="bottom" align="center"><div align="center"><i><font size="-2">Quarter ended</font></i></div></td></tr><tr><td><div align="left"><i><font size="-1">Highest Quarter Return</font></i> </div></td><td><div align="right"><i><font size="-1">21.65%</font></i> </div></td><td><div align="left"><i><font size="-1">June 30, 2003</font></i></div></td></tr><tr><td><div align="left"><i><font size="-1">Lowest Quarter Return</font></i> </div></td><td><div align="right"><i><font size="-1">-21.48%</font></i> </div></td><td><div align="left"><i><font size="-1">September 30, 2011</font></i></div></td></tr></table><ul><li><font style="FONT-FAMILY: Times New Roman" size="3"><em>Stock Market Volatility</em>. Stock markets are volatile and can decline significantly in response to adverse issuer, political, regulatory, market, or economic developments. Different parts of the market and different types of securities can react differently to these developments.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3"><em>Foreign Exposure</em>. Foreign markets can be more volatile than the U.S. market due to increased risks of adverse issuer, political, regulatory, market, or economic developments and can perform differently from the U.S. market.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3"><em>Issuer-Specific Changes</em>. The value of an individual security or particular type of security can be more volatile than, and can perform differently from, the market as a whole. The value of securities of smaller issuers can be more volatile than that of larger issuers.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3"><em>&#8220;Value&#8221; Investing.</em> &#8220;Value&#8221; stocks can perform differently from the market as a whole and other types of stocks and can continue to be undervalued by the market for long periods of time.</font></li></ul><font style="FONT-FAMILY: Times New Roman" size="3"> An investment in the fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. You could lose money by investing in the fund.</font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Average Annual Returns</b></font><font style="FONT-FAMILY: Times New Roman" size="3">After-tax returns are calculated using the historical highest individual federal marginal income tax rates, but do not reflect the impact of state or local taxes. Actual after-tax returns may differ depending on your individual circumstances. The after-tax returns shown are not relevant if you hold your shares in a retirement account or in another tax-deferred arrangement. Return After Taxes on Distributions and Sale of Fund Shares may be higher than other returns for the same period due to a tax benefit of realizing a capital loss upon the sale of fund shares.</font><br/><br/><font style="FONT-FAMILY: Times New Roman" size="2">For the periods ended<br/>December 31, 2012</font><font style="FONT-FAMILY: Times New Roman"><b>Institutional Class</b></font><font style="FONT-FAMILY: Times New Roman"><b>Institutional Class</b></font><font style="FONT-FAMILY: Times New Roman"><b>Institutional Class</b></font><font style="FONT-FAMILY: Times New Roman" size="3">The following table describes the fees and expenses that may be incurred when you buy, hold, or sell shares of the fund. <br/><br/>You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in the fund or certain other Fidelity funds. More information about these and other discounts is available from your investment professional and in the Fund Distribution section beginning on page (Click Here) of the prospectus. </font><font style="FONT-FAMILY: Times New Roman"><b>Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman"><b>Return After Taxes on Distributions</b></font><font style="FONT-FAMILY: Times New Roman"><b>Return After Taxes on Distributions and Sale of Fund Shares</b></font>66208<font style="FONT-FAMILY: Times New Roman" size="4"><b>Performance</b></font><font style="FONT-FAMILY: Times New Roman">Russell 3000<sup>&#174;</sup> Value Index</font><font style="FONT-FAMILY: Times New Roman" size="3">The following information is intended to help you understand the risks of investing in the fund. The information illustrates the changes in the performance of the fund's shares from year to year and compares the performance of the fund's shares to the performance of a securities market index over various periods of time. The index description appears in the Additional Information about the Index section of the prospectus. Past performance is not an indication of future performance. </font> <br/><br/><font style="FONT-FAMILY: Times New Roman" size="3">Visit www.401k.com and log in for updated return information.</font>91<font style="FONT-FAMILY: Times New Roman" size="4"><b>Year-by-Year Returns</b></font><br/><font style="FONT-FAMILY: Times New Roman" size="2">Calendar Years</font><table border="1" width="95%"><tr><td><div align="left"><i><font size="-1">During the periods shown in the chart:</font></i> </div></td><td valign="bottom" align="center"><div align="center"><i><font size="-2">Returns</font></i> </div></td><td valign="bottom" align="center"><div align="center"><i><font size="-2">Quarter ended</font></i></div></td></tr><tr><td><div align="left"><i><font size="-1">Highest Quarter Return</font></i> </div></td><td><div align="right"><i><font size="-1">34.71%</font></i> </div></td><td><div align="left"><i><font size="-1">June 30, 2009</font></i></div></td></tr><tr><td><div align="left"><i><font size="-1">Lowest Quarter Return</font></i> </div></td><td><div align="right"><i><font size="-1">-24.10%</font></i> </div></td><td><div align="left"><i><font size="-1">September 30, 2011</font></i></div></td></tr></table><font style="FONT-FAMILY: Times New Roman" size="4"><b>Average Annual Returns</b></font><br/><font style="FONT-FAMILY: Times New Roman" size="2">For the periods ended <br/>December 31, 2012</font>3628102844931096<ul><li><font style="FONT-FAMILY: Times New Roman" size="3">Normally investing at least 80% of assets in stocks of companies with medium market capitalizations (which, for purposes of this fund, are those companies with market capitalizations similar to companies in the Russell Midcap<sup>&#174;</sup> Index or the S&amp;P MidCap 400<sup>&#174;</sup> Index). </font></li> <li><font style="FONT-FAMILY: Times New Roman" size="3">Potentially investing in companies with smaller or larger market capitalizations. </font></li> <li><font style="FONT-FAMILY: Times New Roman" size="3">Investing in domestic and foreign issuers. </font></li> <li><font style="FONT-FAMILY: Times New Roman" size="3">Allocating the fund's assets across different market sectors (at present, consumer discretionary, consumer staples, energy, financials, health care, industrials, information technology, materials, telecom services, and utilities), using different Fidelity managers. </font></li> <li><font style="FONT-FAMILY: Times New Roman" size="3">Investing in either "growth" stocks or "value" stocks or both.</font></li> <li><font style="FONT-FAMILY: Times New Roman" size="3">Using fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments.</font></li></ul><font style="FONT-FAMILY: Times New Roman" size="3">The following information is intended to help you understand the risks of investing in the fund. The information illustrates the changes in the performance of the fund's shares from year to year and compares the performance of the fund's shares to the performance of a securities market index over various periods of time. The index description appears in the Additional Information about the Index section of the prospectus. Past performance (before and after taxes) is not an indication of future performance. <br/><br/>Visit www.advisor.fidelity.com for updated return information.</font>00.44560.1645<div style="display:none">~ http://www.advisor.fidelity.com/role/ScheduleShareholderFeesFidelityAdvisorEquityValueFundInstitutionalClass column period compact * ~</div>
0.61020.00720.00720.00720.08790.14890.00720.02720.13590.16080.00250.010.010.10030.05610.005-0.5115-0.52190.59180.4724<font style="FONT-FAMILY: Times New Roman" size="2"><i>Highest Quarter Return</i></font>0.00330.00350.26480.00320.00262003-06-300.2437-0.09290.2165<font style="FONT-FAMILY: Times New Roman" size="2"><i>Lowest Quarter Return</i></font>2011-09-300.01480.013-0.21480.0207-0.04770.02040.19620.2701<div style="display:none">~ http://www.advisor.fidelity.com/role/ScheduleExpenseExampleFidelityAdvisorEquityValueFundInstitutionalClass column period compact * ~</div>
0.00600.690.0011<font style="FONT-FAMILY: Times New Roman" size="3">The fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when fund shares are held in a taxable account. These costs, which are not reflected in annual operating expenses or in the example, affect the fund's performance. During the most recent fiscal year, the fund's portfolio turnover rate was 72% of the average value of its portfolio.</font>0.0071<font style="FONT-FAMILY: Times New Roman" size="3">An investment in the fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.</font><font style="FONT-FAMILY: Times New Roman" size="3">You could lose money by investing in the fund.</font>0.72<font style="FONT-FAMILY: Times New Roman" size="3">You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in the fund or certain other Fidelity funds.</font>50000<font style="FONT-FAMILY: Times New Roman" size="3">The information illustrates the changes in the performance of the fund's shares from year to year and compares the performance of the fund's shares to the performance of a securities market index over various periods of time.</font><font style="FONT-FAMILY: Times New Roman" size="3">You could lose money by investing in the fund.</font><font style="FONT-FAMILY: Times New Roman" size="3">An investment in the fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. </font><font style="FONT-FAMILY: Times New Roman" size="3">Past performance (before and after taxes) is not an indication of future performance.</font><font style="FONT-FAMILY: Times New Roman" size="3">The information illustrates the changes in the performance of the fund's shares from year to year and compares the performance of the fund's shares to the performance of a securities market index over various periods of time.</font><font style="FONT-FAMILY: Times New Roman" size="3">www.advisor.fidelity.com</font><font style="FONT-FAMILY: Times New Roman" size="3">After-tax returns are calculated using the historical highest individual federal marginal income tax rates, but do not reflect the impact of state or local taxes.</font><font style="FONT-FAMILY: Times New Roman" size="3">Past performance (before and after taxes) is not an indication of future performance.</font><font style="FONT-FAMILY: Times New Roman" size="3">www.advisor.fidelity.com</font><font style="FONT-FAMILY: Times New Roman" size="3">The after-tax returns shown are not relevant if you hold your shares in a retirement account or in another tax-deferred arrangement.</font><font style="FONT-FAMILY: Times New Roman" size="3">Return After Taxes on Distributions and Sale of Fund Shares may be higher than other returns for the same period due to a tax benefit of realizing a capital loss upon the sale of fund shares.</font>0.19390.12950.1788<font style="FONT-FAMILY: Times New Roman" size="3">The returns in the bar chart do not reflect any applicable sales charges; if sales charges were reflected, returns would be lower than those shown.</font><br/><br/><font style="FONT-FAMILY: Times New Roman" size="2">Calendar Years</font><font style="FONT-FAMILY: Times New Roman" size="3">Unlike the returns in the bar chart, the returns in the table reflect the maximum applicable sales charges.</font><font style="FONT-FAMILY: Times New Roman" size="3">After-tax returns are calculated using the historical highest individual federal marginal income tax rates, but do not reflect the impact of state or local taxes.</font>-0.0005-0.0016-0.00070.051573227<font style="FONT-FAMILY: Times New Roman" size="3">After-tax returns for Class A are shown in the table below and after-tax returns for other classes will vary.</font>0.07773950.07410.1053883<font style="FONT-FAMILY: Times New Roman" size="3">The after-tax returns shown are not relevant if you hold your shares in a retirement account or in another tax-deferred arrangement.</font><font style="FONT-FAMILY: Times New Roman" size="3"> Return After Taxes on Distributions and Sale of Fund Shares may be higher than other returns for the same period due to a tax benefit of realizing a capital loss upon the sale of fund shares.</font>7007103074950.19629639496408020.08611247131410981130205321102369205770021020749596364980264012471114109811302053211023692057<div style="display:none">~ http://www.advisor.fidelity.com/role/ScheduleAnnualTotalReturnsFidelityAdvisorEquityValueFundInstitutionalClassBarChart column period compact * ~</div>
0.27010.2690.1769<div style="display:none">~ http://www.advisor.fidelity.com/role/ScheduleAverageAnnualTotalReturnsTransposedFidelityAdvisorEquityValueFundInstitutionalClass column period compact * ~</div>
0.18510.59540.02530.02440.02140.03790.2679-0.09160.27290.10190.09090.08670.10630.27290.18510.04450.04472008-05-092008-05-090.29390.07080.08630.05030.2307-0.5530.47220.2370.0190.1897<font style="FONT-FAMILY: Times New Roman" size="2"><em>Highest Quarter Return</em></font>2009-06-300.3471<font style="FONT-FAMILY: Times New Roman" size="2"><em>Lowest Quarter Return</em></font>2011-09-30-0.241<font style="FONT-FAMILY: Times New Roman">Russell Midcap<sup>&#174;</sup> Value Index</font>0.1213<font style="FONT-FAMILY: Times New Roman"><b>Return After Taxes on Distributions and Sale of Fund Shares</b></font><font style="FONT-FAMILY: Times New Roman"><b>Return After Taxes on Distributions</b></font>0.1213<font style="FONT-FAMILY: Times New Roman"><b>Return Before Taxes</b></font>0.07880.14580.13060.17090.15260.1526-0.0144-0.0145-0.0122-0.0117<font style="FONT-FAMILY: Times New Roman" size="5"><b>Fund Summary</b></font><br/><br/><font style="FONT-FAMILY: Times New Roman" size="3"><b>Fund/</b>Class:<br/><b>Fidelity Advisor<sup>&#174;</sup> Equity Value Fund</b>/Institutional</font>-0.0141-0.010.03120.0312<font style="FONT-FAMILY: Times New Roman" size="4"><b>Investment Objective</b></font><font style="FONT-FAMILY: Times New Roman" size="3">The fund seeks capital appreciation.</font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Fee Table</b></font>0.06110.06080.0537<font style="FONT-FAMILY: Times New Roman" size="3">The following table describes the fees and expenses that may be incurred when you buy, hold, or sell shares of the fund.</font>0.06180.06170.05950.0752<font style="FONT-FAMILY: Times New Roman" size="3"><b>Shareholder fees</b></font><br/><font size="-2"><b>(fees paid directly from your investment)</b></font>0.0839<font style="FONT-FAMILY: Times New Roman" size="3"><b>Annual class operating expenses</b></font><br/><font size="-2"><b>(expenses that you pay each year as a % of the value of your investment)</b></font><font style="FONT-FAMILY: Times New Roman" size="3">This <b>example</b> helps compare the cost of investing in the fund with the cost of investing in other mutual funds.<br/><br/>Let's say, hypothetically, that the annual return for shares of the fund is 5% and that your shareholder fees and the annual operating expenses for shares of the fund are exactly as described in the fee table. This example illustrates the effect of fees and expenses, but is not meant to suggest actual or expected fees and expenses or returns, all of which may vary. For every $10,000 you invested, here's how much you would pay in total expenses if you sell all of your shares at the end of each time period indicated:</font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Portfolio Turnover</b></font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Principal Investment Strategies</b></font><ul><li><font style="FONT-FAMILY: Times New Roman" size="3">Normally investing at least 80% of assets in equity securities.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3">Normally investing primarily in common stocks.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3">Investing in securities of companies that Fidelity Management &amp; Research Company (FMR) believes are undervalued in the marketplace in relation to factors such as assets, sales, earnings, growth potential, or cash flow, or in relation to securities of other companies in the same industry (stocks of these companies are often called "value" stocks).</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3">Investing in domestic and foreign issuers.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3">Using fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments.</font></li></ul><font style="FONT-FAMILY: Times New Roman" size="4"><b>Principal Investment Risks</b></font><ul><li><font style="FONT-FAMILY: Times New Roman" size="3"><i>Stock Market Volatility.</i> Stock markets are volatile and can decline significantly in response to adverse issuer, political, regulatory, market, or economic developments. Different parts of the market and different types of securities can react differently to these developments.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3"><i>Foreign Exposure.</i> Foreign markets can be more volatile than the U.S. market due to increased risks of adverse issuer, political, regulatory, market, or economic developments and can perform differently from the U.S. market.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3"><i>Issuer-Specific Changes.</i> The value of an individual security or particular type of security can be more volatile than, and can perform differently from, the market as a whole.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3"><i>"Value" Investing.</i> "Value" stocks can perform differently from the market as a whole and other types of stocks and can continue to be undervalued by the market for long periods of time.</font></li></ul><font style="FONT-FAMILY: Times New Roman" size="3">An investment in the fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. You could lose money by investing in the fund.</font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Performance</b></font><font style="FONT-FAMILY: Times New Roman" size="2"><i>Highest Quarter Return</i></font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Investment Objective</b></font><font style="FONT-FAMILY: Times New Roman" size="3">The following information is intended to help you understand the risks of investing in the fund. The information illustrates the changes in the performance of the fund's shares from year to year and compares the performance of the fund's shares to the performance of a securities market index over various periods of time. The index description appears in the Additional Information about the Index section of the prospectus. Past performance (before and after taxes) is not an indication of future performance.<br/><br/>Visit www.advisor.fidelity.com for updated return information.</font><font style="FONT-FAMILY: Times New Roman" size="3">The fund seeks capital appreciation.</font>2009-06-30<font style="FONT-FAMILY: Times New Roman" size="4"><b>Year-by-Year Returns</b></font><br/><font style="FONT-FAMILY: Times New Roman" size="2">Calendar Years</font>0.2406<table border="1" width="95%"><tr><td><div align="left"><i><font size="-1">During the periods shown in the chart:</font></i> </div></td><td valign="bottom" align="center"><div align="center"><i><font size="-2">Returns</font></i> </div></td><td valign="bottom" align="center"><div align="center"><i><font size="-2">Quarter ended</font></i></div></td></tr><tr><td><div align="left"><i><font size="-1">Highest Quarter Return</font></i> </div></td><td><div align="right"><i><font size="-1">20.66%</font></i> </div></td><td><div align="left"><i><font size="-1">June 30, 2003</font></i></div></td></tr><tr><td><div align="left"><i><font size="-1">Lowest Quarter Return</font></i> </div></td><td><div align="right"><i><font size="-1">-25.22%</font></i> </div></td><td><div align="left"><i><font size="-1">December 31, 2008</font></i></div></td></tr></table><font style="FONT-FAMILY: Times New Roman" size="2"><i>Lowest Quarter Return</i></font>2008-12-31<font style="FONT-FAMILY: Times New Roman" ><b>Class K</b></font><font style="FONT-FAMILY: Times New Roman" >Russell Midcap<sup>&#174;</sup> Value Index</font>-0.3015<font style="FONT-FAMILY: Times New Roman" size="4"><b>Fee Table</b></font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Average Annual Returns</b></font><font style="FONT-FAMILY: Times New Roman" size="3">The following table describes the fees and expenses that may be incurred when you buy, hold, or sell shares of the fund.</font><font style="FONT-FAMILY: Times New Roman" size="3">After-tax returns are calculated using the historical highest individual federal marginal income tax rates, but do not reflect the impact of state or local taxes. Actual after-tax returns may differ depending on your individual circumstances. The after-tax returns shown are not relevant if you hold your shares in a retirement account or in another tax-deferred arrangement. Return After Taxes on Distributions and Sale of Fund Shares may be higher than other returns for the same period due to a tax benefit of realizing a capital loss upon the sale of fund shares.</font><br/><br/><font style="FONT-FAMILY: Times New Roman" size="2">For the periods ended<br/>December 31, 2012</font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Year-by-Year Returns</b></font><table border="1" width="95%"><tr><td><div align="left"><i><font size="-1">During the periods shown in the chart for Class A:</font></i> </div></td><td valign="bottom" align="center"><div align="center"><i><font size="-2">Returns</font></i> </div></td><td valign="bottom" align="center"><div align="center"><i><font size="-2">Quarter ended</font></i></div></td></tr><tr><td><div align="left"><i><font size="-1">Highest Quarter Return</font></i> </div></td><td><div align="right"><i><font size="-1">24.06%</font></i> </div></td><td><div align="left"><i><font size="-1">June 30, 2009</font></i></div></td></tr><tr><td><div align="left"><i><font size="-1">Lowest Quarter Return</font></i> </div></td><td><div align="right"><i><font size="-1">-30.15%</font></i> </div></td><td><div align="left"><i><font size="-1">December 31, 2008</font></i></div></td></tr></table><font style="FONT-FAMILY: Times New Roman" size="3"><b>Shareholder fees</b></font><br/><font size="-2"><b>(fees paid directly from your investment)</b></font><font style="FONT-FAMILY: Times New Roman" size="3"><b>Annual class operating expenses</b></font><br/><font size="-2"><b>(expenses that you pay each year as a % of the value of your investment)</b></font><font style="FONT-FAMILY: Times New Roman" size="3">This <b>example</b> helps compare the cost of investing in the fund with the cost of investing in other mutual funds.<br/><br/>Let's say, hypothetically, that the annual return for shares of the fund is 5% and that your shareholder fees and the annual operating expenses for shares of the fund are exactly as described in the fee table. This example illustrates the effect of fees and expenses, but is not meant to suggest actual or expected fees and expenses or returns, all of which may vary. For every $10,000 you invested, here's how much you would pay in total expenses if you sell all of your shares at the end of each time period indicated:</font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Portfolio Turnover</b></font><div style="display:none">~ http://www.advisor.fidelity.com/role/ScheduleShareholderFeesFidelityAdvisorValueStrategiesFidelityValueStrategiesFundClassK column period compact * ~</div>
<font style="FONT-FAMILY: Times New Roman" size="3">The fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when fund shares are held in a taxable account. These costs, which are not reflected in annual operating expenses or in the example, affect the fund's performance. During the most recent fiscal year, the fund's portfolio turnover rate was 23% of the average value of its portfolio.</font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Principal Investment Strategies</b></font><font style="FONT-FAMILY: Times New Roman" size="3">The fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when fund shares are held in a taxable account. These costs, which are not reflected in annual operating expenses or in the example, affect the fund's performance. During the most recent fiscal year, the fund's portfolio turnover rate was 77% of the average value of its portfolio.</font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Principal Investment Risks</b></font>666462677<font style="FONT-FAMILY: Times New Roman" size="5"><b>Fund Summary</b></font><br/><br/><font style="FONT-FAMILY: Times New Roman" size="3">Fund/<b>Class:</b><br/>Fidelity Advisor<sup>&#174;</sup> Stock Selector Mid Cap Fund/<b>Fidelity<sup>&#174;</sup> Stock Selector Mid Cap Fund</b></font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Investment Objective</b></font><font style="FONT-FAMILY: Times New Roman" size="3">The fund seeks long-term growth of capital.</font>860<font style="FONT-FAMILY: Times New Roman" size="4"><b>Fee Table</b></font>700848<font style="FONT-FAMILY: Times New Roman" size="3">The following table describes the fees and expenses that may be incurred when you buy, hold, or sell shares of the fund.</font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Performance</b></font><font style="FONT-FAMILY: Times New Roman" size="3"><b>Shareholder fees</b></font><br/><font size="-2"><b>(fees paid directly from your investment)</b></font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Year-by-Year Returns</b></font><br/><font style="FONT-FAMILY: Times New Roman" size="2">Calendar Years</font><font style="FONT-FAMILY: Times New Roman" size="3"><b>Annual class operating expenses</b></font><br/><font size="-2"><b>(expenses that you pay each year as a % of the value of your investment)</b></font><font style="FONT-FAMILY: Times New Roman" size="3">This <b>example</b> helps compare the cost of investing in the fund with the cost of investing in other mutual funds.<br/><br/>Let's say, hypothetically, that the annual return for shares of the fund is 5% and that your shareholder fees and the annual operating expenses for shares of the fund are exactly as described in the fee table. This example illustrates the effect of fees and expenses, but is not meant to suggest actual or expected fees and expenses or returns, all of which may vary. For every $10,000 you invested, here's how much you would pay in total expenses if you sell all of your shares at the end of each time period indicated:</font>1070956<font style="FONT-FAMILY: Times New Roman" size="4"><b>Portfolio Turnover</b></font>1144<font style="FONT-FAMILY: Times New Roman" size="5"><b>Fund Summary</b></font><br/><br/><font style="FONT-FAMILY: Times New Roman" size="3"><b>Fund</b>/Class:<br/><b>Fidelity Advisor<sup>&#174;</sup> Strategic Growth Fund</b>/Institutional</font>0.77<font style="FONT-FAMILY: Times New Roman" size="4"><b>Investment Objective</b></font>16741688<font style="FONT-FAMILY: Times New Roman" size="3">The fund seeks capital growth. </font>1745<font style="FONT-FAMILY: Times New Roman" size="3">The fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when fund shares are held in a taxable account. These costs, which are not reflected in annual operating expenses or in the example, affect the fund's performance. During the most recent fiscal year, the fund's portfolio turnover rate was 72% of the average value of its portfolio.</font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Fee Table</b></font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Principal Investment Strategies</b></font>0.23<font style="FONT-FAMILY: Times New Roman" size="3">An investment in the fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.</font><font style="FONT-FAMILY: Times New Roman" size="3">The following table describes the fees and expenses that may be incurred when you buy, hold, or sell shares of the fund. </font><ul><li><font style="FONT-FAMILY: Times New Roman" size="3"> Normally investing at least 80% of assets in stocks of companies with medium market capitalizations (which, for purposes of this fund, are those companies with market capitalizations similar to companies in the Russell Midcap<sup>&#174;</sup> Index or the S&amp;P MidCap 400<sup>&#174;</sup> Index).</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3"> Potentially investing in companies with smaller or larger market capitalizations.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3">Investing in domestic and foreign issuers.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3">Allocating the fund's assets across different market sectors (at present, consumer discretionary, consumer staples, energy, financials, health care, industrials, information technology, materials, telecom services, and utilities), using different Fidelity managers.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3">Investing in either "growth" stocks or "value" stocks or both.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3">Using fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments.</font></li></ul><font style="FONT-FAMILY: Times New Roman" size="3"><b>Shareholder fees</b></font><br/><font size="-2"><b>(fees paid directly from your investment)</b></font><font style="FONT-FAMILY: Times New Roman" size="3">You could lose money by investing in the fund.</font><font style="FONT-FAMILY: Times New Roman" size="3"><b>Annual class operating expenses</b></font><br/><font size="-2"><b>(expenses that you pay each year as a % of the value of your investment)</b></font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Principal Investment Risks</b></font><font style="FONT-FAMILY: Times New Roman" size="3">The information illustrates the changes in the performance of the fund's shares from year to year and compares the performance of the fund's shares to the performance of a securities market index over various periods of time.</font><ul><li><font style="FONT-FAMILY: Times New Roman" size="3"><i>Stock Market Volatility.</i> Stock markets are volatile and can decline significantly in response to adverse issuer, political, regulatory, market, or economic developments. Different parts of the market and different types of securities can react differently to these developments.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3"><i>Foreign Exposure.</i> Foreign markets can be more volatile than the U.S. market due to increased risks of adverse issuer, political, regulatory, market, or economic developments and can perform differently from the U.S. market.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3"><i>Issuer-Specific Changes.</i> The value of an individual security or particular type of security can be more volatile than, and can perform differently from, the market as a whole. The value of securities of smaller issuers can be more volatile than that of larger issuers.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3"><i>Mid Cap Investing.</i> The value of securities of medium size, less well-known issuers can perform differently from the market as a whole and other types of stocks and can be more volatile than that of larger issuers.</font></li></ul><font style="FONT-FAMILY: Times New Roman" size="3">An investment in the fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. You could lose money by investing in the fund.</font><font style="FONT-FAMILY: Times New Roman" size="3">This <b>example</b> helps compare the cost of investing in the fund with the cost of investing in other mutual funds.<br/><br/>Let's say, hypothetically, that the annual return for shares of the fund is 5% and that your shareholder fees and the annual operating expenses for shares of the fund are exactly as described in the fee table. This example illustrates the effect of fees and expenses, but is not meant to suggest actual or expected fees and expenses or returns, all of which may vary. For every $10,000 you invested, here's how much you would pay in total expenses if you sell all of your shares at the end of each time period indicated: </font><font style="FONT-FAMILY: Times New Roman" size="3">Past performance (before and after taxes) is not an indication of future performance.</font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Portfolio Turnover</b></font><font style="FONT-FAMILY: Times New Roman" size="3">An investment in the fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.</font><font style="FONT-FAMILY: Times New Roman" size="3">The fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when fund shares are held in a taxable account. These costs, which are not reflected in annual operating expenses or in the example, affect the fund's performance. During the most recent fiscal year, the fund's portfolio turnover rate was 174% of the average value of its portfolio.</font><font style="FONT-FAMILY: Times New Roman" size="3">www.advisor.fidelity.com</font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Performance</b></font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Principal Investment Strategies</b></font><font style="FONT-FAMILY: Times New Roman" size="3">You could lose money by investing in the fund.</font><font style="FONT-FAMILY: Times New Roman" size="3">The following information is intended to help you understand the risks of investing in the fund. The information illustrates the changes in the performance of the fund's shares from year to year and compares the performance of the fund's shares to the performance of a securities market index over various periods of time. The index description appears in the Additional Information about the Index section of the prospectus. Past performance (before and after taxes) is not an indication of future performance.<br/><br/>Visit www.advisor.fidelity.com for updated return information.<br/><br/>Performance history will be available for the class of shares offered through this prospectus after the class has been in operation for one calendar year.</font><ul><li><font style="FONT-FAMILY: Times New Roman" size="3">Normally investing primarily in common stocks.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3">Investing in companies Fidelity Management &amp; Research Company (FMR) believes have above-average growth potential (stocks of these companies are often called "growth" stocks).</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3">Investing in domestic and foreign issuers. </font></li> <li><font style="FONT-FAMILY: Times New Roman" size="3">Using fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments.</font></li></ul><font style="FONT-FAMILY: Times New Roman" size="3">After-tax returns are calculated using the historical highest individual federal marginal income tax rates, but do not reflect the impact of state or local taxes.</font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Year-by-Year Returns</b></font><br/><font style="FONT-FAMILY: Times New Roman" size="2">Calendar Years</font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Principal Investment Risks</b></font><font style="FONT-FAMILY: Times New Roman" size="3">The after-tax returns shown are not relevant if you hold your shares in a retirement account or in another tax-deferred arrangement.</font><font style="FONT-FAMILY: Times New Roman" size="3">The information illustrates the changes in the performance of the fund's shares from year to year and compares the performance of the fund's shares to the performance of a securities market index over various periods of time.</font><table border="1" width="95%"><tr><td><div align="left"><i><font size="-1">During the periods shown in the chart for Institutional Class:</font></i> </div></td><td valign="bottom" align="center"><div align="center"><i><font size="-2">Returns</font></i> </div></td><td valign="bottom" align="center"><div align="center"><i><font size="-2">Quarter ended</font></i></div></td></tr><tr><td><div align="left"><i><font size="-1">Highest Quarter Return</font></i> </div></td><td><div align="right"><i><font size="-1">24.14%</font></i> </div></td><td><div align="left"><i><font size="-1">June 30, 2009</font></i></div></td></tr><tr><td><div align="left"><i><font size="-1">Lowest Quarter Return</font></i> </div></td><td><div align="right"><i><font size="-1">-30.10%</font></i> </div></td><td><div align="left"><i><font size="-1">December 31, 2008</font></i></div></td></tr></table><ul><li><font style="FONT-FAMILY: Times New Roman" size="3"><i>Stock Market Volatility. </i>Stock markets are volatile and can decline significantly in response to adverse issuer, political, regulatory, market, or economic developments. Different parts of the market and different types of securities can react differently to these developments.</font></li> <li><font style="FONT-FAMILY: Times New Roman" size="3"><i>Foreign Exposure. </i>Foreign markets can be more volatile than the U.S. market due to increased risks of adverse issuer, political, regulatory, market, or economic developments and can perform differently from the U.S. market. </font></li> <li><font style="FONT-FAMILY: Times New Roman" size="3"><i>Issuer-Specific Changes. </i>The value of an individual security or particular type of security can be more volatile than, and can perform differently from, the market as a whole. </font></li> <li><font style="FONT-FAMILY: Times New Roman" size="3"><i>"Growth" Investing.</i> "Growth" stocks can perform differently from the market as a whole and other types of stocks and can be more volatile than other types of stocks. </font> </li></ul> <font style="FONT-FAMILY: Times New Roman" size="3">An investment in the fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. You could lose money by investing in the fund.</font><font style="FONT-FAMILY: Times New Roman" size="3">Return After Taxes on Distributions and Sale of Fund Shares may be higher than other returns for the same period due to a tax benefit of realizing a capital loss upon the sale of fund shares.</font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Average Annual Returns</b></font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Performance</b></font><font style="FONT-FAMILY: Times New Roman" size="3">After-tax returns are calculated using the historical highest individual federal marginal income tax rates, but do not reflect the impact of state or local taxes. After-tax returns for Institutional Class are shown in the table below and after-tax returns for other classes will vary. Actual after-tax returns may differ depending on your individual circumstances. The after-tax returns shown are not relevant if you hold your shares in a retirement account or in another tax-deferred arrangement. Return After Taxes on Distributions and Sale of Fund Shares may be higher than other returns for the same period due to a tax benefit of realizing a capital loss upon the sale of fund shares.</font><br/><br/><font style="FONT-FAMILY: Times New Roman" size="2">For the periods ended<br/>December 31, 2012</font><div style="display:none">~ http://www.advisor.fidelity.com/role/ScheduleExpenseExampleFidelityAdvisorValueStrategiesFidelityValueStrategiesFundClassK column period compact * ~</div>
<font style="FONT-FAMILY: Times New Roman" size="3">The following information is intended to help you understand the risks of investing in the fund. The information illustrates the changes in the performance of the fund's shares from year to year and compares the performance of the fund's shares to the performance of a securities market index over various periods of time. The index description appears in the Additional Information about the Index section of the prospectus. Past performance (before and after taxes) is not an indication of future performance.<br/><br/>Visit www.advisor.fidelity.com for updated return information.</font><font style="FONT-FAMILY: Times New Roman" size="3">Past performance (before and after taxes) is not an indication of future performance.</font><i><font style="FONT-FAMILY: Times New Roman" size="2">Highest Quarter Return</font></i><font style="FONT-FAMILY: Times New Roman" size="4"><b>Year-by-Year Returns</b></font><br/><font style="FONT-FAMILY: Times New Roman" size="2">Calendar Years</font>6664620.2066177<table border="1" width="95%"><tr><td><div align="left"><i><font size="-1">During the periods shown in the chart:</font></i> </div></td><td valign="bottom" align="center"><div align="center"><i><font size="-2">Returns</font></i> </div></td><td valign="bottom" align="center"><div align="center"><i><font size="-2">Quarter ended</font></i></div></td></tr><tr><td><div align="left"><i><font size="-1">Highest Quarter Return</font></i> </div></td><td><div align="right"><i><font size="-1">18.35%</font></i> </div></td><td><div align="left"><i><font size="-1">June 30, 2009</font></i></div></td></tr><tr><td><div align="left"><i><font size="-1">Lowest Quarter Return</font></i> </div></td><td><div align="right"><i><font size="-1">-23.16%</font></i> </div></td><td><div align="left"><i><font size="-1">December 31, 2008</font></i></div></td></tr></table><font style="FONT-FAMILY: Times New Roman" size="3">www.fidelity.com</font>2003-06-30<font style="FONT-FAMILY: Times New Roman" size="4"><b>Average Annual Returns</b></font><i><font style="FONT-FAMILY: Times New Roman" size="2">Lowest Quarter Return</font></i>860<font style="FONT-FAMILY: Times New Roman" size="3">After-tax returns are calculated using the historical highest individual federal marginal income tax rates, but do not reflect the impact of state or local taxes. Actual after-tax returns may differ depending on your individual circumstances. The after-tax returns shown are not relevant if you hold your shares in a retirement account or in another tax-deferred arrangement.</font><br/><br/><font style="FONT-FAMILY: Times New Roman" size="2">For the periods ended<br/>December 31, 2012</font>700548-0.25222008-12-311070<font style="FONT-FAMILY: Times New Roman" size="3">After-tax returns are calculated using the historical highest individual federal marginal income tax rates, but do not reflect the impact of state or local taxes.</font>956944<font style="FONT-FAMILY: Times New Roman" size="3">The after-tax returns shown are not relevant if you hold your shares in a retirement account or in another tax-deferred arrangement.</font>167416881745<div style="display:none">~ http://www.advisor.fidelity.com/role/ScheduleAnnualTotalReturnsFidelityAdvisorValueStrategiesFidelityValueStrategiesFundClassKBarChart column period compact * ~</div>
<font style="FONT-FAMILY: Times New Roman" size="3">Return After Taxes on Distributions and Sale of Fund Shares may be higher than other returns for the same period due to a tax benefit of realizing a capital loss upon the sale of fund shares.</font><font style="FONT-FAMILY: Times New Roman" size="3">The after-tax returns shown are not relevant if you hold your shares in a retirement account or in another tax-deferred arrangement.</font>0.005<font style="FONT-FAMILY: Times New Roman" size="3">After-tax returns for Institutional Class are shown in the table below and after-tax returns for other classes will vary.</font><font style="FONT-FAMILY: Times New Roman" size="3">After-tax returns are calculated using the historical highest individual federal marginal income tax rates, but do not reflect the impact of state or local taxes.</font><font style="FONT-FAMILY: Times New Roman" size="3">www.advisor.fidelity.com</font><font style="FONT-FAMILY: Times New Roman" size="3">Past performance (before and after taxes) is not an indication of future performance.</font>0.00250.00751.74<font style="FONT-FAMILY: Times New Roman" size="3">You could lose money by investing in the fund.</font><font style="FONT-FAMILY: Times New Roman" size="5"><b>Fund Summary</b></font><br/><br/><font style="FONT-FAMILY: Times New Roman" size="3"><b>Fund/</b>Class:<br/><b>Fidelity Advisor<sup>&#174;</sup> Stock Selector Mid Cap Fund</b>/Institutional</font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Investment Objective</b></font><font style="FONT-FAMILY: Times New Roman" size="3">The information illustrates the changes in the performance of the fund's shares from year to year and compares the performance of the fund's shares to the performance of a securities market index over various periods of time.</font><font style="FONT-FAMILY: Times New Roman" size="3">Past performance (before and after taxes) is not an indication of future performance.</font><font style="FONT-FAMILY: Times New Roman" size="3">The fund seeks long-term growth of capital.</font><font style="FONT-FAMILY: Times New Roman" size="3">www.advisor.fidelity.com</font><div style="display:none">~ http://www.advisor.fidelity.com/role/ScheduleAverageAnnualTotalReturnsTransposedFidelityAdvisorValueStrategiesFidelityValueStrategiesFundClassK column period compact * ~</div>
<font style="FONT-FAMILY: Times New Roman" size="3">After-tax returns are calculated using the historical highest individual federal marginal income tax rates, but do not reflect the impact of state or local taxes.</font><font style="FONT-FAMILY: Times New Roman" size="3">The after-tax returns shown are not relevant if you hold your shares in a retirement account or in another tax-deferred arrangement.</font>0.16<i><font style="FONT-FAMILY: Times New Roman" size="2">Highest Quarter Return</font></i><font style="FONT-FAMILY: Times New Roman" size="3">You could lose money by investing in the fund. </font>2009-06-300.1326<font style="FONT-FAMILY: Times New Roman" size="4"><b>Fee Table</b></font>0.1835<font style="FONT-FAMILY: Times New Roman" size="3">The following table describes the fees and expenses that may be incurred when you buy, hold, or sell shares of the fund.</font>0.0968<i><font style="FONT-FAMILY: Times New Roman" size="2">Lowest Quarter Return</font></i>-0.5233-0.2316<font style="FONT-FAMILY: Times New Roman" size="3"><b>Shareholder fees</b></font><br/><font size="-2"><b>(fees paid directly from your investment)</b></font>2008-12-31<font style="FONT-FAMILY: Times New Roman" size="3"><b>Annual class operating expenses</b></font><br/><font size="-2"><b>(expenses that you pay each year as a % of the value of your investment)</b></font>0.1931<font style="FONT-FAMILY: Times New Roman" size="3">This <b>example</b> helps compare the cost of investing in the fund with the cost of investing in other mutual funds.<br /><br />Let's say, hypothetically, that the annual return for shares of the fund is 5% and that your shareholder fees and the annual operating expenses for shares of the fund are exactly as described in the fee table. This example illustrates the effect of fees and expenses, but is not meant to suggest actual or expected fees and expenses or returns, all of which may vary. For every $10,000 you invested, here's how much you would pay in total expenses if you sell all of your shares at the end of each time period indicated: </font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Portfolio Turnover</b></font>0.4401<font style="FONT-FAMILY: Times New Roman" size="3">The fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when fund shares are held in a taxable account. These costs, which are not reflected in annual operating expenses or in the example, affect the fund's performance. During the most recent fiscal year, the fund's portfolio turnover rate was 72% of the average value of its portfolio.</font>0.0838<font style="FONT-FAMILY: Times New Roman" size="4"><b>Principal Investment Strategies</b></font>0.46780.2395-0.051<ul><li><font style="FONT-FAMILY: Times New Roman" size="3">Normally investing at least 80% of assets in stocks of companies with medium market capitalizations (which, for purposes of this fund, are those companies with market capitalizations similar to companies in the Russell Midcap<sup>&#174;</sup> Index or the S&amp;P MidCap 400<sup>&#174;</sup> Index).</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3">Potentially investing in companies with smaller or larger market capitalizations.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3">Investing in domestic and foreign issuers.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3">Allocating the fund's assets across different market sectors (at present, consumer discretionary, consumer staples, energy, financials, health care, industrials, information technology, materials, telecom services, and utilities), using different Fidelity managers.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3">Investing in either "growth" stocks or "value" stocks or both.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3">Using fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments.</font></li></ul><font style="FONT-FAMILY: Times New Roman" size="4"><b>Principal Investment Risks</b></font><ul><li><font style="FONT-FAMILY: Times New Roman" size="3"><i>Stock Market Volatility.</i> Stock markets are volatile and can decline significantly in response to adverse issuer, political, regulatory, market, or economic developments. Different parts of the market and different types of securities can react differently to these developments.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3"><i>Foreign Exposure.</i> Foreign markets can be more volatile than the U.S. market due to increased risks of adverse issuer, political, regulatory, market, or economic developments and can perform differently from the U.S. market.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3"><i>Issuer-Specific Changes.</i> The value of an individual security or particular type of security can be more volatile than, and can perform differently from, the market as a whole. The value of securities of smaller issuers can be more volatile than that of larger issuers.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3"><i>Mid Cap Investing.</i> The value of securities of medium size, less well-known issuers can perform differently from the market as a whole and other types of stocks and can be more volatile than that of larger issuers. </font></li></ul><font style="FONT-FAMILY: Times New Roman" size="3">An investment in the fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. You could lose money by investing in the fund.</font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Performance</b></font><font style="FONT-FAMILY: Times New Roman" size="3">The following information is intended to help you understand the risks of investing in the fund. The information illustrates the changes in the performance of the fund's shares from year to year and compares the performance of the fund's shares to the performance of a securities market index over various periods of time. The index description appears in the Additional Information about the Index section of the prospectus. Past performance (before and after taxes) is not an indication of future performance.<br /><br />Visit www.advisor.fidelity.com for updated return information. </font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Year-by-Year Returns</b></font><br/><font style="FONT-FAMILY: Times New Roman" size="2">Calendar Years</font><font style="FONT-FAMILY: Times New Roman" size="3">An investment in the fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.</font><table border="1" width="95%"><tr><td><div align="left"><i><font size="-1">During the periods shown in the chart: </font></i> </div></td><td valign="bottom" align="center"><div align="center"><i><font size="-2">Returns</font></i> </div></td><td valign="bottom" align="center"><div align="center"><i><font size="-2">Quarter ended</font></i></div></td></tr><tr><td><div align="left"><i><font size="-1">Highest Quarter Return</font></i> </div></td><td><div align="right"><i><font size="-1">24.14%</font></i> </div></td><td><div align="left"><i><font size="-1">June 30, 2009</font></i></div></td></tr><tr><td><div align="left"><i><font size="-1">Lowest Quarter Return</font></i> </div></td><td><div align="right"><i><font size="-1">-30.10%</font></i> </div></td><td><div align="left"><i><font size="-1">December 31, 2008</font></i></div></td></tr></table>0.72<font style="FONT-FAMILY: Times New Roman" size="4"><b>Average Annual Returns</b></font><font style="FONT-FAMILY: Times New Roman" size="3">After-tax returns are calculated using the historical highest individual federal marginal income tax rates, but do not reflect the impact of state or local taxes. Actual after-tax returns may differ depending on your individual circumstances. The after-tax returns shown are not relevant if you hold your shares in a retirement account or in another tax-deferred arrangement. Return After Taxes on Distributions and Sale of Fund Shares may be higher than other returns for the same period due to a tax benefit of realizing a capital loss upon the sale of fund shares.</font><br/><br/><font style="FONT-FAMILY: Times New Roman" size="2">For the periods ended<br/>December 31, 2012</font><font style="FONT-FAMILY: Times New Roman" size="3">An investment in the fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.</font>00.72<div style="display:none">~ http://www.advisor.fidelity.com/role/ScheduleShareholderFeesFidelityAdvisorStrategicGrowthFundInstitutionalClass column period compact * ~</div>
<font style="FONT-FAMILY: Times New Roman" size="3">An investment in the fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. </font>0.12450.1228<font style="FONT-FAMILY: Times New Roman" size="3">You could lose money by investing in the fund.</font>0.08230.13370.14840.1740.1788<font style="FONT-FAMILY: Times New Roman" size="3">The information illustrates the changes in the performance of the fund's shares from year to year and compares the performance of the fund's shares to the performance of a securities market index over various periods of time.</font><font style="FONT-FAMILY: Times New Roman" size="3">Past performance (before and after taxes) is not an indication of future performance.</font><font style="FONT-FAMILY: Times New Roman" size="3">www.advisor.fidelity.com</font>-0.0153-0.0161-0.0126<font style="FONT-FAMILY: Times New Roman" size="3">After-tax returns are calculated using the historical highest individual federal marginal income tax rates, but do not reflect the impact of state or local taxes.</font>-0.0131-0.0152-0.0110.0515<font style="FONT-FAMILY: Times New Roman" size="3">The after-tax returns shown are not relevant if you hold your shares in a retirement account or in another tax-deferred arrangement.</font><font style="FONT-FAMILY: Times New Roman" size="3">Return After Taxes on Distributions and Sale of Fund Shares may be higher than other returns for the same period due to a tax benefit of realizing a capital loss upon the sale of fund shares.</font>0.07610.06810.06530.07670.07650.07440.1053240417930<div style="display:none">~ http://www.advisor.fidelity.com/role/ScheduleAnnualClassOperatingExpensesFidelityAdvisorStrategicGrowthFundInstitutionalClass column period compact * ~</div>
<ul><li><font style="FONT-FAMILY: Times New Roman" size="3">Normally investing primarily in common stocks.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3">Investing in securities of companies that Fidelity Management &amp; Research Company (FMR) believes are undervalued in the marketplace in relation to factors such as assets, sales, earnings, or growth potential (stocks of these companies are often called "value" stocks).</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3">Focusing investments in medium-sized companies, but also may invest substantially in larger or smaller companies.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3">Investing in domestic and foreign issuers.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3">Using fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments.</font></li></ul><font style="FONT-FAMILY: Times New Roman" size="2"><i>Highest Quarter Return</i></font><ul><li><font style="FONT-FAMILY: Times New Roman" size="3"><i>Stock Market Volatility.</i> Stock markets are volatile and can decline significantly in response to adverse issuer, political, regulatory, market, or economic developments. Different parts of the market and different types of securities can react differently to these developments.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3"><i>Foreign Exposure.</i> Foreign markets can be more volatile than the U.S. market due to increased risks of adverse issuer, political, regulatory, market, or economic developments and can perform differently from the U.S. market.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3"><i>Issuer-Specific Changes.</i> The value of an individual security or particular type of security can be more volatile than, and can perform differently from, the market as a whole. The value of securities of smaller issuers can be more volatile than that of larger issuers.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3"><i>"Value" Investing.</i> "Value" stocks can perform differently from the market as a whole and other types of stocks and can continue to be undervalued by the market for long periods of time.</font></li></ul><font style="FONT-FAMILY: Times New Roman" size="3">An investment in the fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. You could lose money by investing in the fund.</font>0.2414<font style="FONT-FAMILY: Times New Roman" size="3">The following information is intended to help you understand the risks of investing in the fund. The information illustrates the changes in the performance of the fund's shares from year to year and compares the performance of the fund's shares to the performance of a securities market index over various periods of time. The index description appears in the Additional Information about the Index section of the prospectus. Past performance (before and after taxes) is not an indication of future performance.<br/><br/>Visit www.fidelity.com for updated return information.</font>2009-06-30<font style="FONT-FAMILY: Times New Roman" size="2"><i>Lowest Quarter Return</i></font>0<table border="1" width="95%"><tr><td><div align="left"><i><font size="-1">During the periods shown in the chart:</font></i> </div></td><td valign="bottom" align="center"><div align="center"><i><font size="-2">Returns</font></i> </div></td><td valign="bottom" align="center"><div align="center"><i><font size="-2">Quarter ended</font></i></div></td></tr><tr><td><div align="left"><i><font size="-1">Highest Quarter Return</font></i> </div></td><td><div align="right"><i><font size="-1">34.57%</font></i> </div></td><td><div align="left"><i><font size="-1">June 30, 2009</font></i></div></td></tr><tr><td><div align="left"><i><font size="-1">Lowest Quarter Return</font></i> </div></td><td><div align="right"><i><font size="-1">-33.84%</font></i> </div></td><td><div align="left"><i><font size="-1">December 31, 2008</font></i></div></td></tr></table>-0.3012008-12-31<font style="FONT-FAMILY: Times New Roman" size="4"><b>Average Annual Returns</b></font>0.006400.00580.0122-0.00220.01<font style="FONT-FAMILY: Times New Roman" size="5"><b>Fund Summary</b></font><br/><br/><font style="FONT-FAMILY: Times New Roman" size="3">Fund/<b>Class:</b><br/>Fidelity Advisor<sup>&#174;</sup> Value Strategies Fund/<b>Fidelity</b><sup>&#174;</sup> <b>Value Strategies Fund</b></font><div style="display:none">~ http://www.advisor.fidelity.com/role/ScheduleExpenseExampleFidelityAdvisorValueStrategiesFidelityValueStrategiesFund column period compact * ~</div>
<font style="FONT-FAMILY: Times New Roman"><b>Fidelity<sup>&#174;</sup> Value Strategies Fund</b></font><font style="FONT-FAMILY: Times New Roman"><b>Fidelity<sup>&#174;</sup> Value Strategies Fund</b></font><font style="FONT-FAMILY: Times New Roman"><b>Fidelity<sup>&#174;</sup> Value Strategies Fund</b></font><div style="display:none">~ http://www.advisor.fidelity.com/role/ScheduleAnnualTotalReturnsFidelityAdvisorValueStrategiesFidelityValueStrategiesFundBarChart column period compact * ~</div>
102361<font style="FONT-FAMILY: Times New Roman" size="3"> You could lose money by investing in the fund.</font><font style="FONT-FAMILY: Times New Roman" size="3"> An investment in the fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.</font><font style="FONT-FAMILY: Times New Roman" size="3"> The information illustrates the changes in the performance of the fund's shares from year to year and compares the performance of the fund's shares to the performance of a securities market index over various periods of time.</font><font style="FONT-FAMILY: Times New Roman" size="3">www.401k.com and log in for updated return information</font><font style="FONT-FAMILY: Times New Roman" size="3">Past performance is not an indication of future performance.</font>645145460189329738<div style="display:none">~ http://www.advisor.fidelity.com/role/ScheduleAverageAnnualTotalReturnsTransposedFidelityAdvisorValueStrategiesFidelityValueStrategiesFund column period compact * ~</div>
0.28530.02660.07880.00840.2298-0.43860.44380.204600.1838<font style="FONT-FAMILY: Times New Roman"><b>Class C - Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman"><b>Class B - Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman"><b>Class T - Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman"><b>Class A - Return After Taxes on Distributions and Sale of Fund Shares</b></font><font style="FONT-FAMILY: Times New Roman"><b>Class A - Return After Taxes on Distributions</b></font><font style="FONT-FAMILY: Times New Roman"><b>Class A - Return Before Taxes</b></font>0<div style="display:none">~ http://www.advisor.fidelity.com/role/ScheduleAnnualClassOperatingExpensesFidelityAdvisorValueStrategiesFidelityValueStrategiesFund column period compact * ~</div>
0.44560.16450.08790.13590.1003-0.52190.47240.2437-0.04770.19620.19620.19390.12950.1788-0.0005-0.0016-0.00070.05150.08610.07770.07410.1053<div style="display:none">~ http://www.advisor.fidelity.com/role/ScheduleShareholderFeesFidelityAdvisorStockSelectorMidCapFundInstitutionalClass column period compact * ~</div>
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<font style="FONT-FAMILY: Times New Roman" size="2"><i>Highest Quarter Return</i></font>2009-06-300.2414<font style="FONT-FAMILY: Times New Roman" size="2"><i>Lowest Quarter Return</i></font>2008-12-31-0.301<font style="FONT-FAMILY: Times New Roman"><b>Institutional Class</b></font><font style="FONT-FAMILY: Times New Roman"><b>Institutional Class</b></font><font style="FONT-FAMILY: Times New Roman"><b>Institutional Class</b></font><font style="FONT-FAMILY: Times New Roman"><b>Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman"><b>Return After Taxes on Distributions</b></font><font style="FONT-FAMILY: Times New Roman"><b>Return After Taxes on Distributions and Sale of Fund Shares</b></font><font style="FONT-FAMILY: Times New Roman">S&amp;P MidCap 400<sup>&#174;</sup> Index</font><font style="FONT-FAMILY: Times New Roman"><b>Institutional Class</b></font><font style="FONT-FAMILY: Times New Roman"><b>Institutional Class</b></font><font style="FONT-FAMILY: Times New Roman"><b>Institutional Class</b></font><font style="FONT-FAMILY: Times New Roman"><b>Return Before Taxes</font><font style="FONT-FAMILY: Times New Roman"><b>Return After Taxes on Distributions</b></font><font style="FONT-FAMILY: Times New Roman"><b>Return After Taxes on Distributions and Sale of Fund Shares</b></font><font style="FONT-FAMILY: Times New Roman">S&amp;P MidCap 400<sup>&#174;</sup> Index</font><div style="display:none">~ http://www.advisor.fidelity.com/role/ScheduleAverageAnnualTotalReturnsTransposedFidelityAdvisorStockSelectorMidCapFundInstitutionalClass column period compact * ~</div>
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0.003800.00210.005900.007200.00250.00979930953611900.29980.07530.08980.05530.235-0.55130.47740.24090.02270.19340.19340.19340.12570.15260.15260.00080.00060.00060.03120.03120.07140.0710.0630.07520.0839<font style="FONT-FAMILY: Times New Roman" size="5"><b>Fund Summary</b></font><br/><br/><font style="FONT-FAMILY: Times New Roman" size="3"><b>Fund</b>/Class:<br/><b>Fidelity Advisor<sup>&#174;</sup> Growth Opportunities Fund</b>/A, T, B, C</font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Investment Objective</b></font><font style="FONT-FAMILY: Times New Roman" size="3">The fund seeks to provide capital growth.</font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Fee Table</b></font>0.18380.18280.12070.15260.02940.02920.02520.03120.07390.07380.06540.0752<font style="FONT-FAMILY: Times New Roman" size="3">The following table describes the fees and expenses that may be incurred when you buy, hold, or sell shares of the fund. <br/><br/>You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in the fund or certain other Fidelity funds. More information about these and other discounts is available from your investment professional and in the Fund Distribution section beginning on page (Click Here) of the prospectus.</font><font style="FONT-FAMILY: Times New Roman" size="3"><b>Shareholder fees</b></font><br/><font size="-2"><b>(fees paid directly from your investment)</b></font><font style="FONT-FAMILY: Times New Roman" size="3"><b>Annual class operating expenses</b></font><br/><font size="-2"><b>(expenses that you pay each year as a % of the value of your investment)</b></font><font style="FONT-FAMILY: Times New Roman" size="3">This <b>example</b> helps compare the cost of investing in the fund with the cost of investing in other mutual funds.<br/><br/> &nbsp;Let's say, hypothetically, that the annual return for shares of the fund is 5% and that your shareholder fees and the annual operating expenses for shares of the fund are exactly as described in the fee table. This example illustrates the effect of fees and expenses, but is not meant to suggest actual or expected fees and expenses or returns, all of which may vary. For every $10,000 you invested, here's how much you would pay in total expenses if you sell all of your shares at the end of each time period indicated and if you hold your shares:</font><font style="FONT-FAMILY: Times New Roman" size="3">Sell All Shares</font><font style="FONT-FAMILY: Times New Roman" size="3">Hold Shares</font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Portfolio Turnover</b></font><font style="FONT-FAMILY: Times New Roman" size="3">The fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when fund shares are held in a taxable account. These costs, which are not reflected in annual operating expenses or in the example, affect the fund's performance. During the most recent fiscal year, the fund's portfolio turnover rate was 34% of the average value of its portfolio.</font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Principal Investment Strategies</b></font><ul><li><font style="FONT-FAMILY: Times New Roman" size="3">Normally investing primarily in common stocks.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3">Investing in companies that Fidelity Management &amp; Research Company (FMR) believes have above-average growth potential (stocks of these companies are often called "growth" stocks).</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3">Investing in domestic and foreign issuers. </font></li><li><font style="FONT-FAMILY: Times New Roman" size="3">Using fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments.</font></li></ul><font style="FONT-FAMILY: Times New Roman" size="4"><b>Principal Investment Risks</b></font><ul><li><font style="FONT-FAMILY: Times New Roman" size="3"><i>Stock Market Volatility.</i> Stock markets are volatile and can decline significantly in response to adverse issuer, political, regulatory, market, or economic developments. Different parts of the market and different types of securities can react differently to these developments.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3"><i>Foreign Exposure.</i> Foreign markets can be more volatile than the U.S. market due to increased risks of adverse issuer, political, regulatory, market, or economic developments and can perform differently from the U.S. market.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3"><i>Issuer-Specific Changes.</i> The value of an individual security or particular type of security can be more volatile than, and can perform differently from, the market as a whole.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3"><i>"Growth" Investing.</i> "Growth" stocks can perform differently from the market as a whole and other types of stocks and can be more volatile than other types of stocks.</font></li></ul><font style="FONT-FAMILY: Times New Roman" size="3">An investment in the fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. You could lose money by investing in the fund.</font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Performance</b></font><font style="FONT-FAMILY: Times New Roman" size="3">The following information is intended to help you understand the risks of investing in the fund. The information illustrates the changes in the performance of the fund's shares from year to year and compares the performance of the fund's shares to the performance of a securities market index and an additional index over various periods of time. The indexes have characteristics relevant to the fund's investment strategies. Index descriptions appear in the Additional Information about the Indexes section of the prospectus. Prior to February 1, 2007, the fund operated under certain different investment policies and compared its performance to a different index. The fund's historical performance may not represent its current investment policies. Past performance (before and after taxes) is not an indication of future performance.<br/><br/>Visit www.advisor.fidelity.com for updated return information.</font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Year-by-Year Returns</b></font><table border="1" width="95%"><tr><td><div align="left"><i><font size="-1">During the periods shown in the chart for Class A:</font></i> </div></td><td valign="bottom" align="center"><div align="center"><i><font size="-2">Returns</font></i> </div></td><td valign="bottom" align="center"><div align="center"><i><font size="-2">Quarter ended</font></i></div></td></tr><tr><td><div align="left"><i><font size="-1">Highest Quarter Return</font></i> </div></td><td><div align="right"><i><font size="-1">21.41%</font></i> </div></td><td><div align="left"><i><font size="-1">March 31, 2012</font></i></div></td></tr><tr><td><div align="left"><i><font size="-1">Lowest Quarter Return</font></i> </div></td><td><div align="right"><i><font size="-1">-34.10%</font></i> </div></td><td><div align="left"><i><font size="-1">September 30, 2008</font></i></div></td></tr></table><font style="FONT-FAMILY: Times New Roman" size="4"><b>Average Annual Returns</b></font><font style="FONT-FAMILY: Times New Roman" size="3">Unlike the returns in the bar chart, the returns in the table reflect the maximum applicable sales charges. After-tax returns are calculated using the historical highest individual federal marginal income tax rates, but do not reflect the impact of state or local taxes. After-tax returns for Class A are shown in the table below and after-tax returns for other classes will vary. Actual after-tax returns may differ depending on your individual circumstances. The after-tax returns shown are not relevant if you hold your shares in a retirement account or in another tax-deferred arrangement. Return After Taxes on Distributions and Sale of Fund Shares may be higher than other returns for the same period due to a tax benefit of realizing a capital loss upon the sale of fund shares.</font><br/><br/><font style="FONT-FAMILY: Times New Roman" size="2">For the periods ended<br/>December 31, 2012</font><font style="FONT-FAMILY: Times New Roman" size="2"><i>Class A and Class T purchases of $1 million or more will not be subject to a front-end sales charge. Such Class A and Class T purchases may be subject, upon redemption, to a contingent deferred sales charge (CDSC) of 1.00% or 0.25%, respectively.</i></font><font style="FONT-FAMILY: Times New Roman" size="2"><i>Class A and Class T purchases of $1 million or more will not be subject to a front-end sales charge. Such Class A and Class T purchases may be subject, upon redemption, to a contingent deferred sales charge (CDSC) of 1.00% or 0.25%, respectively.</i></font><font style="FONT-FAMILY: Times New Roman" size="2"><i>Declines over 6 years from 5.00% to 0%.</i></font><font style="FONT-FAMILY: Times New Roman" size="2"><i>On Class C shares redeemed less than one year after purchase.</i></font><font style="FONT-FAMILY: Times New Roman" size="3">You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in the fund or certain other Fidelity funds.</font>500000.34<font style="FONT-FAMILY: Times New Roman" size="3">An investment in the fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.</font><font style="FONT-FAMILY: Times New Roman" size="3">You could lose money by investing in the fund.</font><font style="FONT-FAMILY: Times New Roman" size="3">The returns in the bar chart do not reflect any applicable sales charges; if sales charges were reflected, returns would be lower than those shown.</font><br/><br/><font style="FONT-FAMILY: Times New Roman" size="2">Calendar Years</font><font style="FONT-FAMILY: Times New Roman" size="3">The information illustrates the changes in the performance of the fund's shares from year to year and compares the performance of the fund's shares to the performance of a securities market index and an additional index over various periods of time.</font><font style="FONT-FAMILY: Times New Roman" size="3">Past performance (before and after taxes) is not an indication of future performance.</font><font style="FONT-FAMILY: Times New Roman" size="3">www.advisor.fidelity.com</font><font style="FONT-FAMILY: Times New Roman" size="3">Unlike the returns in the bar chart, the returns in the table reflect the maximum applicable sales charges.</font><font style="FONT-FAMILY: Times New Roman" size="3">After-tax returns are calculated using the historical highest individual federal marginal income tax rates, but do not reflect the impact of state or local taxes.</font><font style="FONT-FAMILY: Times New Roman" size="3">After-tax returns for Class A are shown in the table below and after-tax returns for other classes will vary.</font><font style="FONT-FAMILY: Times New Roman" size="3">The after-tax returns shown are not relevant if you hold your shares in a retirement account or in another tax-deferred arrangement.</font><font style="FONT-FAMILY: Times New Roman" size="3">Return After Taxes on Distributions and Sale of Fund Shares may be higher than other returns for the same period due to a tax benefit of realizing a capital loss upon the sale of fund shares.</font><font style="FONT-FAMILY: Times New Roman" size="2"><i>Highest Quarter Return</i></font>2012-03-310.2141<font style="FONT-FAMILY: Times New Roman" size="2"><i>Lowest Quarter Return</i></font>2008-09-30-0.341<font style="FONT-FAMILY: Times New Roman" size="5"><b>Fund Summary</b></font><br/><br/><font style="FONT-FAMILY: Times New Roman" size="3"><b>Fund/</b>Class:<br/><b>Fidelity Advisor<sup>&#174;</sup> Growth Opportunities Fund</b>/Institutional</font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Investment Objective</b></font><font style="FONT-FAMILY: Times New Roman" size="3">The fund seeks to provide capital growth.</font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Fee Table</b></font><font style="FONT-FAMILY: Times New Roman" size="3">The following table describes the fees and expenses that may be incurred when you buy, hold, or sell shares of the fund.</font><font style="FONT-FAMILY: Times New Roman" size="3"><b>Shareholder fees</b></font><br/><font size="-2"><b>(fees paid directly from your investment)</b></font><font style="FONT-FAMILY: Times New Roman" size="3"><b>Annual class operating expenses</b></font><br/><font size="-2"><b>(expenses that you pay each year as a % of the value of your investment)</b></font><font style="FONT-FAMILY: Times New Roman" size="3">This <b>example</b> helps compare the cost of investing in the fund with the cost of investing in other mutual funds.<br /><br />Let's say, hypothetically, that the annual return for shares of the fund is 5% and that your shareholder fees and the annual operating expenses for shares of the fund are exactly as described in the fee table. This example illustrates the effect of fees and expenses, but is not meant to suggest actual or expected fees and expenses or returns, all of which may vary. For every $10,000 you invested, here's how much you would pay in total expenses if you sell all of your shares at the end of each time period indicated: </font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Portfolio Turnover</b></font><font style="FONT-FAMILY: Times New Roman" size="3">The fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when fund shares are held in a taxable account. These costs, which are not reflected in annual operating expenses or in the example, affect the fund's performance. During the most recent fiscal year, the fund's portfolio turnover rate was 34% of the average value of its portfolio.</font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Principal Investment Strategies</b></font><ul><li><font style="FONT-FAMILY: Times New Roman" size="3">Normally investing primarily in common stocks.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3">Investing in companies that Fidelity Management &amp; Research Company (FMR) believes have above-average growth potential (stocks of these companies are often called "growth" stocks).</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3">Investing in domestic and foreign issuers. </font></li><li><font style="FONT-FAMILY: Times New Roman" size="3">Using fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments.</font></li></ul><font style="FONT-FAMILY: Times New Roman" size="4"><b>Principal Investment Risks</b></font><ul><li><font style="FONT-FAMILY: Times New Roman" size="3"><i>Stock Market Volatility.</i> Stock markets are volatile and can decline significantly in response to adverse issuer, political, regulatory, market, or economic developments. Different parts of the market and different types of securities can react differently to these developments.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3"><i>Foreign Exposure. </i>Foreign markets can be more volatile than the U.S. market due to increased risks of adverse issuer, political, regulatory, market, or economic developments and can perform differently from the U.S. market.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3"><i>Issuer-Specific Changes.</i> The value of an individual security or particular type of security can be more volatile than, and can perform differently from, the market as a whole. </font></li><li><font style="FONT-FAMILY: Times New Roman" size="3"><i>"Growth" Investing.</i> "Growth" stocks can perform differently from the market as a whole and other types of stocks and can be more volatile than other types of stocks.</font></li></ul><font style="FONT-FAMILY: Times New Roman" size="3">An investment in the fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. You could lose money by investing in the fund. </font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Performance</b></font><font style="FONT-FAMILY: Times New Roman" size="3">The following information is intended to help you understand the risks of investing in the fund. The information illustrates the changes in the performance of the fund's shares from year to year and compares the performance of the fund's shares to the performance of a securities market index and an additional index over various periods of time. The indexes have characteristics relevant to the fund's investment strategies. Index descriptions appear in the Additional Information about the Indexes section of the prospectus. Prior to February 1, 2007, the fund operated under certain different investment policies and compared its performance to a different index. The fund's historical performance may not represent its current investment policies. Past performance (before and after taxes) is not an indication of future performance.<br /><br />Visit www.advisor.fidelity.com for updated return information.</font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Year-by-Year Returns</b></font><br/><font style="FONT-FAMILY: Times New Roman" size="2">Calendar Years</font><table border="1" width="95%"><tr><td><div align="left"><i><font size="-1">During the periods shown in the chart: </font></i> </div></td><td valign="bottom" align="center"><div align="center"><i><font size="-2">Returns</font></i> </div></td><td valign="bottom" align="center"><div align="center"><i><font size="-2">Quarter ended</font></i></div></td></tr><tr><td><div align="left"><i><font size="-1">Highest Quarter Return</font></i> </div></td><td><div align="right"><i><font size="-1">21.48%</font></i> </div></td><td><div align="left"><i><font size="-1">March 31, 2012</font></i></div></td></tr><tr><td><div align="left"><i><font size="-1">Lowest Quarter Return</font></i> </div></td><td><div align="right"><i><font size="-1">-34.02%</font></i> </div></td><td><div align="left"><i><font size="-1">September 30, 2008</font></i></div></td></tr></table><font style="FONT-FAMILY: Times New Roman" size="4"><b>Average Annual Returns</b></font><font style="FONT-FAMILY: Times New Roman" size="3">After-tax returns are calculated using the historical highest individual federal marginal income tax rates, but do not reflect the impact of state or local taxes. Actual after-tax returns may differ depending on your individual circumstances. The after-tax returns shown are not relevant if you hold your shares in a retirement account or in another tax-deferred arrangement.</font><br/><br/><font style="FONT-FAMILY: Times New Roman" size="2">For the periods ended<br/>December 31, 2012</font>0.34<font style="FONT-FAMILY: Times New Roman" size="3">An investment in the fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.</font><font style="FONT-FAMILY: Times New Roman" size="3">You could lose money by investing in the fund. </font><font style="FONT-FAMILY: Times New Roman" size="3">The information illustrates the changes in the performance of the fund's shares from year to year and compares the performance of the fund's shares to the performance of a securities market index and an additional index over various periods of time.</font><font style="FONT-FAMILY: Times New Roman" size="3">Past performance (before and after taxes) is not an indication of future performance.</font><font style="FONT-FAMILY: Times New Roman" size="3">www.advisor.fidelity.com</font><font style="FONT-FAMILY: Times New Roman" size="3">After-tax returns are calculated using the historical highest individual federal marginal income tax rates, but do not reflect the impact of state or local taxes.</font><font style="FONT-FAMILY: Times New Roman" size="3">The after-tax returns shown are not relevant if you hold your shares in a retirement account or in another tax-deferred arrangement.</font><font style="FONT-FAMILY: Times New Roman" size="2"><i>Highest Quarter Return</i></font>0.21482012-03-31<font style="FONT-FAMILY: Times New Roman" size="2"><i>Lowest Quarter Return</i></font>-0.34022008-09-30<font style="FONT-FAMILY: Times New Roman"><b>Institutional Class</b></font><font style="FONT-FAMILY: Times New Roman"><b>Institutional Class</b></font><font style="FONT-FAMILY: Times New Roman"><b>Institutional Class</b></font><font style="FONT-FAMILY: Times New Roman"><b>Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman"><b>Return After Taxes on Distributions</b></font><font style="FONT-FAMILY: Times New Roman"><b>Return After Taxes on Distributions and Sale of Fund Shares</b></font><font style="FONT-FAMILY: Times New Roman">Russell 1000<sup>&#174;</sup> Growth Index</font><font style="FONT-FAMILY: Times New Roman">Fidelity Advisor Growth Opportunities Fund Linked Index&#8480;</font><font style="FONT-FAMILY: Times New Roman"><b>Class A - Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman"><b>Class T - Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman"><b>Class B - Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman"><b>Class C - Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman">Russell 1000<sup>&#174; </sup>Growth Index </font><font style="FONT-FAMILY: Times New Roman"><b>Class A - Return After Taxes on Distributions and Sale of Fund Shares</b> </font><font style="FONT-FAMILY: Times New Roman"><b>Class A - Return After Taxes on Distributions</b> </font><div style="display:none">~ http://www.advisor.fidelity.com/role/ScheduleShareholderFeesFidelityAdvisorGrowthOpportunitiesFundInstitutionalClass column period compact * ~</div>
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<font style="FONT-FAMILY: Times New Roman"><b>Institutional Class</b></font><font style="FONT-FAMILY: Times New Roman"><b>Institutional Class</b></font><font style="FONT-FAMILY: Times New Roman"><b>Institutional Class</b></font><font style="FONT-FAMILY: Times New Roman"><b>Return Before Taxes</font><font style="FONT-FAMILY: Times New Roman"><b>Return After Taxes on Distributions</b></font><font style="FONT-FAMILY: Times New Roman"><b>Return After Taxes on Distributions and Sale of Fund Shares</b></font><font style="FONT-FAMILY: Times New Roman">Russell 1000<sup>&#174;</sup> Growth Index</font>0.057500.0350<font style="FONT-FAMILY: Times New Roman">Russell 3000<sup>&#174;</sup> Growth Index</font><div style="display:none">~ http://www.advisor.fidelity.com/role/ScheduleAnnualClassOperatingExpensesFidelityAdvisorSmallCapFund column period compact * ~</div>
<font style="FONT-FAMILY: Times New Roman" size="3">An investment in the fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.</font><font style="FONT-FAMILY: Times New Roman" size="3">You could lose money by investing in the fund.</font><font style="FONT-FAMILY: Times New Roman" size="3">The information illustrates the changes in the performance of the fund's shares from year to year and compares the performance of the fund's shares to the performance of a securities market index over various periods of time.</font><font style="FONT-FAMILY: Times New Roman" size="3">Past performance (before and after taxes) is not an indication of future performance.</font><font style="FONT-FAMILY: Times New Roman" size="3">www.advisor.fidelity.com</font><font style="FONT-FAMILY: Times New Roman" size="3">After-tax returns are calculated using the historical highest individual federal marginal income tax rates, but do not reflect the impact of state or local taxes.</font><font style="FONT-FAMILY: Times New Roman" size="3">The after-tax returns shown are not relevant if you hold your shares in a retirement account or in another tax-deferred arrangement.</font><font style="FONT-FAMILY: Times New Roman" size="3">Return After Taxes on Distributions and Sale of Fund Shares may be higher than other returns for the same period due to a tax benefit of realizing a capital loss upon the sale of fund shares.</font><font style="FONT-FAMILY: Times New Roman" size="2"><i>Declines over 6 years from 5.00% to 0%.</i> </font><font style="FONT-FAMILY: Times New Roman" size="2"> <i>On Class C shares redeemed less than one year after purchase. </i></font><font style="FONT-FAMILY: Times New Roman" size="3">The returns in the bar chart do not reflect any applicable sales charges; if sales charges were reflected, returns would be lower than those shown.</font><br/><br/><font style="FONT-FAMILY: Times New Roman" size="2">Calendar Years</font><font style="FONT-FAMILY: Times New Roman" size="2"><i>Declines over 6 years from 5.00% to 0%.</i></font><font style="FONT-FAMILY: Times New Roman" size="2"><i>Class A and Class T purchases of $1 million or more will not be subject to a front-end sales charge. Such Class A and Class T purchases may be subject, upon redemption, to a contingent deferred sales charge (CDSC) of 1.00% or 0.25%, respectively.</i></font><font style="FONT-FAMILY: Times New Roman" size="2"><i>Class A and Class T purchases of $1 million or more will not be subject to a front-end sales charge. Such Class A and Class T purchases may be subject, upon redemption, to a contingent deferred sales charge (CDSC) of 1.00% or 0.25%, respectively.</i></font><div style="display:none">~ http://www.advisor.fidelity.com/role/ScheduleAnnualClassOperatingExpensesFidelityAdvisorEquityIncomeFund column period compact * ~</div>
<font style="FONT-FAMILY: Times New Roman" size="2"><i>Differs from the ratios of expenses to average net assets in the Financial Highlights section of the prospectus because of acquired fund fees and expenses.</i></font>0.05750.03500695705303<font style="FONT-FAMILY: Times New Roman" size="2"><i>On Class C shares redeemed less than one year after purchase. </i></font>94980593462712221135128810781999205723274962050203634627113510881078206720572327<font style="FONT-FAMILY: Times New Roman" size="2"><i>Class A and Class T purchases of $1 million or more will not be subject to a front-end sales charge. Such Class A and Class T purchases may be subject, upon redemption, to a contingent deferred sales charge (CDSC) of 1.00% or 0.25%, respectively.</i></font><font style="FONT-FAMILY: Times New Roman" size="2"><i>Declines over 6 years from 5.00% to 0%.</i></font><font style="FONT-FAMILY: Times New Roman" size="2"><i>On Class C shares redeemed less than one year after purchase.</i></font>805<font style="FONT-FAMILY: Times New Roman" size="2"><i>Class A and Class T purchases of $1 million or more will not be subject to a front-end sales charge. Such Class A and Class T purchases may be subject, upon redemption, to a contingent deferred sales charge (CDSC) of 1.00% or 0.25%, respectively.</i></font>0.234962067<div style="display:none">~ http://www.advisor.fidelity.com/role/ScheduleAnnualClassOperatingExpensesFidelityAdvisorLargeCapFund column period compact * ~</div>
0.3260.0325<font style="FONT-FAMILY: Times New Roman" size="2"><i>Class A and Class T purchases of $1 million or more will not be subject to a front-end sales charge. Such Class A and Class T purchases may be subject, upon redemption, to a contingent deferred sales charge (CDSC) of 1.00% or 0.25%, respectively.</i></font><font style="FONT-FAMILY: Times New Roman" size="2"><i>Class A and Class T purchases of $1 million or more will not be subject to a front-end sales charge. Such Class A and Class T purchases may be subject, upon redemption, to a contingent deferred sales charge (CDSC) of 1.00% or 0.25%, respectively.</i></font><font style="FONT-FAMILY: Times New Roman" size="2"><i>Declines over 6 years from 5.00% to 0%.</i> </font><font style="FONT-FAMILY: Times New Roman" size="2"><i>On Class C shares redeemed less than one year after purchase. </i></font>271530913198717153091319870.05770.0690.2676-0.46770.28390.24010.00290.14610.40080.24230.07850.10250.1319-0.26580.28310.1809-0.04470.0634770.14610.14550.09560.1521-0.0053-0.0061-0.00480.03150.06690.06640.05880.07690.06340.06190.04290.16350.02480.0190.02040.03560.10220.09450.090.0972<font style="FONT-FAMILY: Times New Roman" size="2"><i>Differs from the ratios of expenses to average net assets in the Financial Highlights section of the prospectus because of acquired fund fees and expenses.</i></font><font style="FONT-FAMILY: Times New Roman"><b>Institutional Class</b></font><font style="FONT-FAMILY: Times New Roman"><b>Institutional Class</b></font><font style="FONT-FAMILY: Times New Roman"><b>Institutional Class</b></font><font style="FONT-FAMILY: Times New Roman"><b>Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman"><b>Return After Taxes on Distributions</b></font><font style="FONT-FAMILY: Times New Roman"><b>Return After Taxes on Distributions and Sale of Fund Shares</b></font><font style="FONT-FAMILY: Times New Roman">Russell 2000<sup>&#174;</sup> Index</font>69594912221999<font style="FONT-FAMILY: Times New Roman" size="3">Return After Taxes on Distributions and Sale of Fund Shares may be higher than other returns for the same period due to a tax benefit of realizing a capital loss upon the sale of fund shares.</font><font style="FONT-FAMILY: Times New Roman" ><b>Institutional Class</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Institutional Class</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Return Before Taxes </b></font><font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions and Sale of Fund Shares</b></font><font style="FONT-FAMILY: Times New Roman" >Russell 3000<sup>&#174;</sup> Value Index</font><div style="display:none">~ http://www.advisor.fidelity.com/role/ScheduleExpenseExampleFidelityAdvisorSmallCapFundInstitutionalClass column period compact * ~</div>
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<font style="FONT-FAMILY: Times New Roman" ><b>Class A - Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Class A - Return After Taxes on Distributions</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Class A - Return After Taxes on Distributions and Sale of Fund Shares</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Class T - Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Class B - Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Class C - Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman" >Russell 1000<sup>&#174;</sup> Growth Index</font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Investment Objective</b></font><font style="FONT-FAMILY: Times New Roman" size="3">The fund seeks capital appreciation.</font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Fee Table</b></font><font style="FONT-FAMILY: Times New Roman" size="3">The following table describes the fees and expenses that may be incurred when you buy, hold, or sell shares of the fund.</font><font style="FONT-FAMILY: Times New Roman" size="3"><b>Shareholder fees</b></font><br/><font size="-2"><b>(fees paid directly from your investment)</b></font><font style="FONT-FAMILY: Times New Roman" size="3"><b>Annual class operating expenses</b></font><br/><font size="-2"><b>(expenses that you pay each year as a % of the value of your investment)</b></font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Portfolio Turnover</b></font><font style="FONT-FAMILY: Times New Roman" size="3">The fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when fund shares are held in a taxable account. These costs, which are not reflected in annual operating expenses or in the example, affect the fund's performance. During the most recent fiscal year, the fund's portfolio turnover rate was 73% of the average value of its portfolio.</font>0.73<font style="FONT-FAMILY: Times New Roman" size="4"><b>Principal Investment Strategies</b></font><ul><li><font style="FONT-FAMILY: Times New Roman" size="3">Normally investing at least 80% of assets in equity securities.</font></li> <li><font style="FONT-FAMILY: Times New Roman" size="3">Normally investing primarily in common stocks.</font></li> <li><font style="FONT-FAMILY: Times New Roman" size="3">Investing in companies Fidelity Management &amp; Research Company (FMR) believes have above-average growth potential (stocks of these companies are often called "growth" stocks).</font></li> <li><font style="FONT-FAMILY: Times New Roman" size="3">Investing in domestic and foreign issuers. </font></li> <li><font style="FONT-FAMILY: Times New Roman" size="3">Using fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments.</font></li></ul><font style="FONT-FAMILY: Times New Roman" size="4"><b>Principal Investment Risks</b></font><ul><li><font style="FONT-FAMILY: Times New Roman" size="3"><i>Stock Market Volatility.</i> Stock markets are volatile and can decline significantly in response to adverse issuer, political, regulatory, market, or economic developments. Different parts of the market and different types of securities can react differently to these developments.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3"><i>Foreign Exposure.</i> Foreign markets can be more volatile than the U.S. market due to increased risks of adverse issuer, political, regulatory, market, or economic developments and can perform differently from the U.S. market. </font></li> <li><font style="FONT-FAMILY: Times New Roman" size="3"><i>Issuer-Specific Changes.</i> The value of an individual security or particular type of security can be more volatile than, and can perform differently from, the market as a whole.</font></li><li><font style="FONT-FAMILY: Times New Roman" size="3"><i>"Growth" Investing.</i> "Growth" stocks can perform differently from the market as a whole and other types of stocks and can be more volatile than other types of stocks.</font></li></ul><font style="FONT-FAMILY: Times New Roman" size="3">An investment in the fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. You could lose money by investing in the fund.</font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Performance</b></font><font style="FONT-FAMILY: Times New Roman" size="3">The following information is intended to help you understand the risks of investing in the fund. The information illustrates the changes in the performance of the fund's shares from year to year and compares the performance of the fund's shares to the performance of a securities market index over various periods of time. The index description appears in the Additional Information about the Index section of the prospectus. Past performance (before and after taxes) is not an indication of future performance.</font><br/><br/><font style="FONT-FAMILY: Times New Roman" size="3">Visit www.advisor.fidelity.com for updated return information.</font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Year-by-Year Returns</b></font><br/><font style="FONT-FAMILY: Times New Roman" size="2">Calendar Years</font><table border="1" width="95%"><tr><td><div align="left"><i><font size="-1">During the periods shown in the chart:</font></i> </div></td><td valign="bottom" align="center"><div align="center"><i><font size="-2">Returns</font></i> </div></td><td valign="bottom" align="center"><div align="center"><i><font size="-2">Quarter ended</font></i></div></td></tr><tr><td><div align="left"><i><font size="-1">Highest Quarter Return</font></i> </div></td><td><div align="right"><i><font size="-1">16.72%</font></i> </div></td><td><div align="left"><i><font size="-1">June 30, 2003</font></i></div></td></tr><tr><td><div align="left"><i><font size="-1">Lowest Quarter Return</font></i> </div></td><td><div align="right"><i><font size="-1">-26.75%</font></i> </div></td><td><div align="left"><i><font size="-1">December 31, 2008</font></i></div></td></tr></table><font style="FONT-FAMILY: Times New Roman" size="4"><b>Average Annual Returns</b></font><font style="FONT-FAMILY: Times New Roman" size="3">After-tax returns are calculated using the historical highest individual federal marginal income tax rates, but do not reflect the impact of state or local taxes. 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<font style="FONT-FAMILY: Times New Roman" size="5"><b>Fund Summary</b></font><br/><br/><font style="FONT-FAMILY: Times New Roman" size="3"><b>Fund/</b>Class:<br/><b>Fidelity Advisor<sup>&#174;</sup> Strategic Growth Fund/</b>A, T, B, C</font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Investment Objective</b></font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Fee Table</b></font><font style="FONT-FAMILY: Times New Roman" size="3"><b>Shareholder fees</b></font><br/><font size="-2"><b>(fees paid directly from your investment)</b></font><font style="FONT-FAMILY: Times New Roman" size="3"><b>Annual class operating expenses</b></font><br/><font size="-2"><b>(expenses that you pay each year as a % of the value of your investment)</b></font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Portfolio Turnover</b></font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Principal Investment Strategies</b></font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Principal Investment Risks</b></font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Performance</b></font><font style="FONT-FAMILY: Times New Roman" size="4"><b>Year-by-Year Returns</b></font><i><font style="FONT-FAMILY: Times New Roman" size="2">Highest Quarter Return</font></i><font style="FONT-FAMILY: Times New Roman" size="4"><b>Average Annual Returns</b></font>2009-06-300.3457<i><font style="FONT-FAMILY: Times New Roman" size="2">Lowest Quarter Return</font></i>2008-12-31-0.3384<font style="FONT-FAMILY: Times New Roman" size="3">The following table describes the fees and expenses that may be incurred when you buy, hold, or sell shares of the fund. <br/><br/></font><font style="FONT-FAMILY: Times New Roman" size="3">You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in the fund or certain other Fidelity funds. More information about these and other discounts is available from your investment professional and in the Fund Distribution section beginning on page (Click Here) of the prospectus.</font><font style="FONT-FAMILY: Times New Roman" size="3">The fund seeks capital growth.</font><div style="display:none">~ http://www.advisor.fidelity.com/role/ScheduleAnnualTotalReturnsFidelityAdvisorEquityGrowthFundInstitutionalClassBarChart column period compact * ~</div>
<div style="display:none">~ http://www.advisor.fidelity.com/role/ScheduleAverageAnnualTotalReturnsTransposedFidelityAdvisorEquityGrowthFundInstitutionalClass column period compact * ~</div>
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0.1362<font style="FONT-FAMILY: Times New Roman" size="3">After-tax returns are calculated using the historical highest individual federal marginal income tax rates, but do not reflect the impact of state or local taxes. Actual after-tax returns may differ depending on your individual circumstances. The after-tax returns shown are not relevant if you hold your shares in a retirement account or in another tax-deferred arrangement.</font><br/><br/><font style="FONT-FAMILY: Times New Roman" size="2">For the periods ended<br/>December 31, 2012</font><font style="FONT-FAMILY: Times New Roman" size="5"><b>Fund Summary</b></font><br/><br/><font style="FONT-FAMILY: Times New Roman" size="3"><b>Fund</b>/Class:<br/><b>Fidelity Advisor</b><sup>&#174;</sup> <b>Equity Growth Fund</b>/Institutional</font><font style="FONT-FAMILY: Times New Roman" size="3">This <b>example</b> helps compare the cost of investing in the fund with the cost of investing in other mutual funds. <br/><br/>Let's say, hypothetically, that the annual return for shares of the fund is 5% and that your shareholder fees and the annual operating expenses for shares of the fund are exactly as described in the fee table. This example illustrates the effect of fees and expenses, but is not meant to suggest actual or expected fees and expenses or returns, all of which may vary. For every $10,000 you invested, here's how much you would pay in total expenses if you sell all of your shares at the end of each time period indicated and if you hold your shares:</font><font style="FONT-FAMILY: Times New Roman" size="3">This <b>example</b> helps compare the cost of investing in the fund with the cost of investing in other mutual funds.<br/><br/>Let's say, hypothetically, that the annual return for shares of the fund is 5% and that your shareholder fees and the annual operating expenses for shares of the fund are exactly as described in the fee table. This example illustrates the effect of fees and expenses, but is not meant to suggest actual or expected fees and expenses or returns, all of which may vary. For every $10,000 you invested, here's how much you would pay in total expenses if you sell all of your shares at the end of each time period indicated:</font><div style="display:none">~ http://www.advisor.fidelity.com/role/ScheduleAnnualClassOperatingExpensesFidelityAdvisorSmallCapFundInstitutionalClass column period compact * ~</div>
0.23<font style="FONT-FAMILY: Times New Roman" size="3">Sell All Shares</font><font style="FONT-FAMILY: Times New Roman" size="3">Hold Shares</font><div style="display:none">~ http://www.advisor.fidelity.com/role/ScheduleExpenseExampleFidelityAdvisorEquityGrowthFundInstitutionalClass column period compact * ~</div>
<font style="FONT-FAMILY: Times New Roman" size="3">The fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when fund shares are held in a taxable account. These costs, which are not reflected in annual operating expenses or in the example, affect the fund's performance. During the most recent fiscal year, the fund's portfolio turnover rate was 174% of the average value of its portfolio.</font><font style="FONT-FAMILY: Times New Roman" size="3">You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in the fund or certain other Fidelity funds.</font>50000January 31, 20141.74<ul><li><font style="FONT-FAMILY: Times New Roman" size="3"><i>Stock Market Volatility.</i> Stock markets are volatile and can decline significantly in response to adverse issuer, political, regulatory, market, or economic developments. Different parts of the market and different types of securities can react differently to these developments. </font></li> <li><font style="FONT-FAMILY: Times New Roman" size="3"><i>Foreign Exposure.</i> Foreign markets can be more volatile than the U.S. market due to increased risks of adverse issuer, political, regulatory, market, or economic developments and can perform differently from the U.S. market. </font></li> <li><font style="FONT-FAMILY: Times New Roman" size="3"><i>Issuer-Specific Changes.</i> The value of an individual security or particular type of security can be more volatile than, and can perform differently from, the market as a whole. </font></li> <li><font style="FONT-FAMILY: Times New Roman" size="3"><i>"Growth" Investing.</i> "Growth" stocks can perform differently from the market as a whole and other types of stocks and can be more volatile than other types of stocks. </font></li></ul><font style="FONT-FAMILY: Times New Roman" size="3">An investment in the fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. You could lose money by investing in the fund.</font><font style="FONT-FAMILY: Times New Roman" size="3">An investment in the fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.</font><font style="FONT-FAMILY: Times New Roman" size="3"> You could lose money by investing in the fund.</font><font style="FONT-FAMILY: Times New Roman" size="3">The following information is intended to help you understand the risks of investing in the fund. The information illustrates the changes in the performance of the fund's shares from year to year and compares the performance of the fund's shares to the performance of a securities market index over various periods of time. The index description appears in the Additional Information about the Index section of the prospectus. Past performance (before and after taxes) is not an indication of future performance.</font><br/><br/><font style="FONT-FAMILY: Times New Roman" size="3">Visit www.advisor.fidelity.com for updated return information.</font><font style="FONT-FAMILY: Times New Roman" size="3">The information illustrates the changes in the performance of the fund's shares from year to year and compares the performance of the fund's shares to the performance of a securities market index over various periods of time.</font><font style="FONT-FAMILY: Times New Roman" size="3">Past performance (before and after taxes) is not an indication of future performance.</font><font style="FONT-FAMILY: Times New Roman" size="3">www.advisor.fidelity.com</font><font style="FONT-FAMILY: Times New Roman" size="3">The returns in the bar chart do not reflect any applicable sales charges; if sales charges were reflected, returns would be lower than those shown.</font><br/><br/><font style="FONT-FAMILY: Times New Roman" size="2">Calendar Years</font><table border="1" width="95%"><tr><td><div align="left"><i><font size="-1">During the periods shown in the chart for Class A:</font></i> </div></td><td valign="bottom" align="center"><div align="center"><i><font size="-2">Returns</font></i> </div></td><td valign="bottom" align="center"><div align="center"><i><font size="-2">Quarter ended</font></i></div></td></tr><tr><td><div align="left"><i><font size="-1">Highest Quarter Return</font></i> </div></td><td><div align="right"><i><font size="-1">18.25%</font></i> </div></td><td><div align="left"><i><font size="-1">June 30, 2009</font></i></div></td></tr><tr><td><div align="left"><i><font size="-1">Lowest Quarter Return</font></i> </div></td><td><div align="right"><i><font size="-1">-23.18%</font></i> </div></td><td><div align="left"><i><font size="-1">December 31, 2008</font></i></div></td></tr></table><font style="FONT-FAMILY: Times New Roman" size="3">Unlike the returns in the bar chart, the returns in the table reflect the maximum applicable sales charges. After-tax returns are calculated using the historical highest individual federal marginal income tax rates, but do not reflect the impact of state or local taxes. After-tax returns for Class A are shown in the table below and after-tax returns for other classes will vary. Actual after-tax returns may differ depending on your individual circumstances. The after-tax returns shown are not relevant if you hold your shares in a retirement account or in another tax-deferred arrangement.</font><br/><br/><font style="FONT-FAMILY: Times New Roman" size="2">For the periods ended<br/>December 31, 2012</font><font style="FONT-FAMILY: Times New Roman" size="3">Unlike the returns in the bar chart, the returns in the table reflect the maximum applicable sales charges.</font><font style="FONT-FAMILY: Times New Roman" size="3">After-tax returns are calculated using the historical highest individual federal marginal income tax rates, but do not reflect the impact of state or local taxes.</font><font style="FONT-FAMILY: Times New Roman" size="3">After-tax returns for Class A are shown in the table below and after-tax returns for other classes will vary.</font><font style="FONT-FAMILY: Times New Roman" size="3">The after-tax returns shown are not relevant if you hold your shares in a retirement account or in another tax-deferred arrangement.</font><ul><li><font style="FONT-FAMILY: Times New Roman" size="3">Normally investing primarily in common stocks. </font></li> <li><font style="FONT-FAMILY: Times New Roman" size="3">Investing in companies Fidelity Management &amp; Research Company (FMR) believes have above-average growth potential (stocks of these companies are often called "growth" stocks). </font></li> <li><font style="FONT-FAMILY: Times New Roman" size="3">Investing in domestic and foreign issuers. </font></li> <li><font style="FONT-FAMILY: Times New Roman" size="3">Using fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments.</font></li></ul><font style="FONT-FAMILY: Times New Roman" size="3"><i>The returns shown above are for Institutional Class, which is not offered through this prospectus. Fidelity Stock Selector Mid Cap Fund would have substantially similar annual returns to Institutional Class because the classes are invested in the same portfolio of securities. Fidelity Stock Selector Mid Cap Fund's returns would differ from Institutional Class's returns to the extent that the classes do not have the same expenses.</i></font><font style="FONT-FAMILY: Times New Roman" size="2"><i>Highest Quarter Return</i></font>2009-06-300.1825<font style="FONT-FAMILY: Times New Roman" size="2"><i>Lowest Quarter Return</i></font>2008-12-31-0.2318<div style="display:none">~ http://www.advisor.fidelity.com/role/ScheduleExpenseExampleFidelityAdvisorGrowthOpportunitiesFund column period compact * ~</div>
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<font style="FONT-FAMILY: Times New Roman">Fidelity Advisor Growth Opportunities Fund Linked Index&#8480; </font><div style="display:none">~ http://www.advisor.fidelity.com/role/ScheduleShareholderFeesFidelityAdvisorStockSelectorMidCapFund column period compact * row dei_DocumentInformationDocumentAxis compact fas14_AtbcMember ~</div>
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0.00380.00380.00380.00380.0050.00250.010.010.00320.00260.00360.0030.00950.01140.01740.0168<div style="display:none">~ http://www.advisor.fidelity.com/role/ScheduleExpenseExampleNoRedemptionFidelityAdvisorStockSelectorMidCapFund column period compact * row dei_DocumentInformationDocumentAxis compact fas14_AtbcMember ~</div>
<font style="FONT-FAMILY: Times New Roman" size="5"><b>Fund Summary</b></font><br/><br/><font style="FONT-FAMILY: Times New Roman" size="3"><b>Fund</b>/Class:<br/><b>Fidelity Advisor<sup>&#174;</sup> Stock Selector Mid Cap Fund</b>/A, T, B, C</font><font style="FONT-FAMILY: Times New Roman">S&amp;P MidCap 400<sup>&#174;</sup> Index</font><font style="FONT-FAMILY: Times New Roman" size="2"><i>Class A and Class T purchases of $1 million or more will not be subject to a front-end sales charge. Such Class A and Class T purchases may be subject, upon redemption, to a contingent deferred sales charge (CDSC) of 1.00% or 0.25%, respectively.</i></font><font style="FONT-FAMILY: Times New Roman" size="2"><i>Class A and Class T purchases of $1 million or more will not be subject to a front-end sales charge. Such Class A and Class T purchases may be subject, upon redemption, to a contingent deferred sales charge (CDSC) of 1.00% or 0.25%, respectively.</i></font><font style="FONT-FAMILY: Times New Roman" size="2"><i>Declines over 6 years from 5.00% to 0%.</i></font><font style="FONT-FAMILY: Times New Roman" size="2"><i>On Class C shares redeemed less than one year after purchase.</i></font><div style="display:none">~ http://www.advisor.fidelity.com/role/ScheduleAnnualClassOperatingExpensesFidelityAdvisorGrowthOpportunitiesFund column period compact * ~</div>
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0.0575000.035<div style="display:none">~ http://www.advisor.fidelity.com/role/ScheduleShareholderFeesFidelityAdvisorGrowthOpportunitiesFund column period compact * ~</div>
<font style="FONT-FAMILY: Times New Roman" size="2"><i>Differs from the ratios of expenses to average net assets in the Financial Highlights section of the prospectus because of acquired fund fees and expenses.</i></font>0.05750.03500<div style="display:none">~ http://www.advisor.fidelity.com/role/ScheduleShareholderFeesFidelityAdvisorStrategicGrowthFund column period compact * ~</div>
<font style="FONT-FAMILY: Times New Roman" size="2"><i>Differs from the ratios of expenses to average net assets in the Financial Highlights section of the prospectus because of acquired fund fees and expenses.</i></font><div style="display:none">~ http://www.advisor.fidelity.com/role/ScheduleAnnualClassOperatingExpensesFidelityAdvisorLargeCapFundInstitutionalClass column period compact * ~</div>
<font style="FONT-FAMILY: Times New Roman">S&P 500<sup>&#174;</sup> Index</font><div style="display:none">~ http://www.advisor.fidelity.com/role/ScheduleAnnualClassOperatingExpensesFidelityAdvisorDividendGrowthFund column period compact * ~</div>
0<div style="display:none">~ http://www.advisor.fidelity.com/role/ScheduleShareholderFeesFidelityAdvisorSmallCapFundInstitutionalClass column period compact * ~</div>
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<font style="FONT-FAMILY: Times New Roman" size="3">The information illustrates the changes in the performance of the fund's shares from year to year and compares the performance of the fund's shares to the performance of a securities market index over various periods of time.</font><font style="FONT-FAMILY: Times New Roman" size="3">Performance history will be available for the class of shares offered through this prospectus after the class has been in operation for one calendar year.</font>Class A and Class T purchases of $1 million or more will not be subject to a front-end sales charge. Such Class A and Class T purchases may be subject, upon redemption, to a contingent deferred sales charge (CDSC) of 1.00% or 0.25%, respectively. Declines over 6 years from 5.00% to 0%. On Class C shares redeemed less than one year after purchase. Class A and Class T purchases of $1 million or more will not be subject to a front-end sales charge. Such Class A and Class T purchases may be subject, upon redemption, to a contingent deferred sales charge (CDSC) of 1.00% or 0.25%, respectively.Differs from the ratios of expenses to average net assets in the Financial Highlights section of the prospectus because of acquired fund fees and expenses.Class A and Class T purchases of $1 million or more will not be subject to a front-end sales charge. Such Class A and Class T purchases may be subject, upon redemption, to a contingent deferred sales charge (CDSC) of 1.00% or 0.25%, respectively. Declines over 6 years from 5.00% to 0%. On Class C shares redeemed less than one year after purchase. Differs from the ratios of expenses to average net assets in the Financial Highlights section of the prospectus because of acquired fund fees and expenses.Class A and Class T purchases of $1 million or more will not be subject to a front-end sales charge. Such Class A and Class T purchases may be subject, upon redemption, to a contingent deferred sales charge (CDSC) of 1.00% or 0.25%, respectively.Declines over 6 years from 5.00% to 0%.On Class C shares redeemed less than one year after purchase.Class A and Class T purchases of $1 million or more will not be subject to a front-end sales charge. Such Class A and Class T purchases may be subject, upon redemption, to a contingent deferred sales charge (CDSC) of 1.00% or 0.25%, respectively.On Class C shares redeemed less than one year after purchase.From May 9, 2008.The returns shown above are for Institutional Class, which is not offered through this prospectus. Fidelity Stock Selector Mid Cap Fund would have substantially similar annual returns to Institutional Class because the classes are invested in the same portfolio of securities. Fidelity Stock Selector Mid Cap Fund's returns would differ from Institutional Class's returns to the extent that the classes do not have the same expenses.The returns shown above are for Institutional Class, which is not offered through this prospectus. Fidelity® Stock Selector Mid Cap Fund would have substantially similar annual returns to Institutional Class because the classes are invested in the same portfolio of securities. Fidelity Stock Selector Mid Cap Fund's returns would differ from Institutional Class's returns to the extent that the classes do not have the same expenses.Fidelity Management & Research Company (FMR) has contractually agreed to reimburse Institutional Class of the fund to the extent that total operating expenses (excluding interest, taxes, certain securities lending costs, brokerage commissions, extraordinary expenses, and acquired fund fees and expenses, if any), as a percentage of its average net assets, exceed 1.00% . This arrangement will remain in effect through January 31, 2014. FMR may not terminate this arrangement before the expiration date without the approval of the Board of Trustees. Class A and Class T purchases of $1 million or more will not be subject to a front-end sales charge. Such Class A and Class T purchases may be subject, upon redemption, to a contingent deferred sales charge (CDSC) of 1.00% or 0.25%, respectively. On Class C shares redeemed less than one year after purchase. Differs from the ratios of expenses to average net assets in the Financial Highlights section of the prospectus because of acquired fund fees and expenses. Class A and Class T purchases of $1 million or more will not be subject to a front-end sales charge. Such Class A and Class T purchases may be subject, upon redemption, to a contingent deferred sales charge (CDSC) of 1.00% or 0.25%, respectively. Declines over 6 years from 5.00% to 0%. On Class C shares redeemed less than one year after purchase. Fidelity Management & Research Company (FMR) has contractually agreed to reimburse Class A, Class T, Class B, and Class C of the fund to the extent that total operating expenses (excluding interest, taxes, certain securities lending costs, brokerage commissions, extraordinary expenses, and acquired fund fees and expenses, if any), as a percentage of their respective average net assets, exceed the following rates: Class A: 1.25%, Class T: 1.50%, Class B: 2.00%, Class C: 2.00%. These arrangements will remain in effect through January 31, 2014. FMR may not terminate these arrangements before the expiration date without the approval of the Board of Trustees.